House Bill 1

Actions
Last Action 02/17/23: signed by Governor (Acts Ch. 3)
Title AN ACT relating to income taxation.
Bill Documents Acts Chapter 3
Current/Final
Introduced
Fiscal Impact Statement Fiscal Note
Bill Request Number 225
Sponsors B. Reed, J. Petrie, J. Bauman, A. Bowling, S. Bratcher, J. Bray, R. Bridges, J. Dixon, M. Dossett, D. Elliott, K. Fleming, C. Freeland, C. Fugate, R. Heath, S. Heavrin, DJ Johnson, M. Koch, W. Lawrence, D. Lewis, M. Lockett, M. Meredith, D. Osborne, S. Rudy, W. Thomas, T. Truett, W. Williams
Summary of Original Version Amend KRS 141.020 to reduce the individual income tax to 4.5% for taxable years beginning January 1, 2023, and to 4% for taxable years beginning January 1, 2024.
Index Headings of Original Version Fiscal Note - Individual income tax rate reductions
Taxation - Individual income tax rate reductions
Taxation, Income--Individual - Tax rate reductions
Votes Vote History

Actions

Top
01/03/23
  • introduced in House
  • to Committee on Committees (H)
  • taken from Committee on Committees (H)
  • 1st reading
  • returned to Committee on Committees (H)
  • to Appropriations & Revenue (H)
01/04/23
  • taken from Appropriations & Revenue (H)
  • 2nd reading
  • returned to Appropriations & Revenue (H)
01/05/23
  • reported favorably, to Rules
  • taken from Rules
  • placed in the Orders of the Day
  • 3rd reading, passed 79-19
  • received in Senate
  • to Committee on Committees (S)
  • taken from Committee on Committees (S)
  • 1st reading
  • returned to Committee on Committees (S)
01/06/23
  • taken from Committee on Committees (S)
  • 2nd reading
  • returned to Committee on Committees (S)
  • to Appropriations & Revenue (S)
02/08/23
  • reported favorably, to Rules
  • posted for passage in the Regular Orders of the Day for Wednesday, February 08, 2023
  • 3rd reading, passed 30-5
02/09/23
  • received in House
  • enrolled, signed by each presiding officer
  • delivered to Governor
02/17/23
  • signed by Governor (Acts Ch. 3)


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