Senate Bill 39

Last Action 01/05/23: to Appropriations & Revenue (S)
Title AN ACT relating to tax increment financing.
Bill Documents Introduced
Bill Request Number 855
Sponsors D. Givens, G. Boswell, M. Wilson
Summary of Original Version Amend KRS 154.30-010 for tax increment financing projects to include a calculation for modified new revenues for income tax which will account for future tax rate decreases;provide that this calculation is for state tax revenues received from individual income taxes on or after January 1, 2023, and is for projects approved prior to January 1, 2023.
Index Headings of Original Version Economic Development - Tax increment financing, projects
Taxation - Tax increement financing, new revenues from individual income tax
Taxation, Income--Individual - Tax increment financing, modifed new revenues


  • introduced in Senate
  • to Committee on Committees (S)
  • to Appropriations & Revenue (S)

Last updated: 11/9/2023 3:03 PM (EST)