House Bill 240

Actions
Last Action 02/23/23: to Appropriations & Revenue (H)
Title AN ACT relating to a tax credit for home installations.
Bill Documents Introduced
Bill Request Number 180
Sponsors N. Kulkarni, J. Nemes, G. Brown Jr., J. Raymond
Summary of Original Version Create a new section of KRS Chapter 141 establishing the refundable home modification tax credit, not to exceed $7,500 annually, for qualifying home installations to increase the habitability or efficiency of the residence for individuals that are age 65 or older or have a physical or mental impairment; effective for taxable years beginning on or after January 1, 2024, but before January 1, 2028; amend KRS 141.0205 to establish ordering of the credit; amend KRS 131.190 to allow information to be provided to the Legislative Research Commission.
Index Headings of Original Version Disabilities and the Disabled - Income tax credit, home modifications
Taxation - Home installation tax credit
Taxation, Income--Individual - Home installation tax credit
Aged Persons and Aging - Persons age 65 or over, home installation tax credit

Actions

Top
02/09/23
  • introduced in House
  • to Committee on Committees (H)
02/23/23
  • to Appropriations & Revenue (H)


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