House Bill 37

Actions
Last Action 02/23/23: to Appropriations & Revenue (H)
Title AN ACT relating to pass-through entity tax.
Bill Documents Introduced
Bill Request Number 827
Sponsor K. Fleming
Summary of Original Version Create a new section of KRS Chapter 141 to allow a pass-through entity to pay the income tax due at the entity level based on tax rate established in KRS 141.020; amend KRS 141.019 to allow the applicable partners, members, or shareholders to exclude the income from the pass-through entity to avoid double taxation.
Index Headings of Original Version Taxation - Pass-through entity level tax, election
Taxation, Income--Corporate - Pass-through entity level tax, election
Taxation, Income--Individual - Exclusion of income, pass-through entity level tax
Corporations - Pass-through entity level tax, election
Partnerships - Pass-through entity level tax, election

Actions

Top
01/03/23
  • introduced in House
  • to Committee on Committees (H)
02/23/23
  • to Appropriations & Revenue (H)


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