| 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 |
| 01/04/23 |
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|---|---|
| 01/05/23 |
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Last updated: 11/9/2023 3:03 PM (EST)