Last Action | 02/23/23: to Appropriations & Revenue (H) |
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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 |
02/09/23 |
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02/23/23 |
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Last updated: 11/9/2023 3:03 PM (EST)