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House Bill 1

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Last Action	01/06/23: to Appropriations & Revenue (S)
Title	AN ACT relating to income taxation.
Bill Documents	Current 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, 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

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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)

Last updated: 1/6/2023 5:32 PM (EST)
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