| Last Action | 01/03/24: to Appropriations & Revenue (S) |
|---|---|
| Title | AN ACT relating to the Kentucky child tax credit. |
| Bill Documents | Introduced |
| Bill Request Number | 809 |
| Sponsors | C. Armstrong, D. Yates |
| Summary of Original Version | Create a new section of KRS Chapter 141 to establish a refundable Kentucky child tax credit for taxpayers with qualifying children under the age of six; authorize a maximum credit of $1,000 per qualifying child for individuals with income below $50,000 for single taxpayers and $100,000 for married taxpayers filing jointly; provide that individuals with incomes above the specified thresholds may be eligible for a reduced child tax credit; amend KRS 141.0205 to order the tax credit; amend KRS 131.190 to allow the Department of Revenue to report on the tax credit. |
| Index Headings of Original Version |
Children and Minors - Child tax credit for qualifying children under six years, refundable Taxation - Refundable child tax credit, income tax Taxation, Income--Individual - Refundable child tax credit |
| 01/02/24 |
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| 01/03/24 |
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Last updated: 4/22/2024 3:57 PM (EDT)