Kentucky
General Assembly

01/07/25	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)
01/08/25	reported favorably, 2nd reading, to Rules floor amendments (1), (2-title), (3), (4-title), (5), (6), (7-title), (8), (9), (10-title) and (11) filed posted for passage in the Regular Orders of the Day for Thursday, January 09, 2025
01/09/25	3rd reading Floor Amendment (8) defeated floor amendment (5) ruled out of order floor amendment (11) ruled not germane passed 90-7 received in Senate to Committee on Committees (S) taken from Committee on Committees (S) 1st reading returned to Committee on Committees (S)
01/10/25	floor amendment (1) filed taken from Committee on Committees (S) 2nd reading returned to Committee on Committees (S) to Appropriations & Revenue (S)
02/04/25	reported favorably, to Rules posted for passage in the Regular Orders of the Day for Tuesday, February 04, 2025 floor amendment (2) filed 3rd reading floor amendment withdrawn Floor Amendment (1) passed 34-3 received in House enrolled, signed by Speaker of the House
02/05/25	enrolled, signed by President of the Senate delivered to Governor
02/06/25	signed by Governor (Acts Ch. 1)

Amendment	House Floor Amendment 1
Fiscal Impact Statement	Fiscal Note to House Floor Amendment 1
Sponsor	C. Aull
Summary	Retain original provisions; and create a new section of KRS Chapter 141 to allow a school employee qualified wage exclusion and establish a school employee tax credit for wages earned in excess of $100,000 per taxable year; amend KRS 141.019 to include the exemption; amend KRS 141.0205 to order the tax credit; amend KRS 131.190 to allow the Department of Revenue to report on the exemption and tax credit.
Index Headings	Fiscal Note - Income exclusion, tax credit, school employees Education, Elementary and Secondary - Tax incentives, school employees Taxation - Exclusion from income, tax credit, school employees Taxation, Income--Individual - Income exclusion, tax credit, school employees Teachers - School employees, tax incentives Reports Mandated - Department of Revenue, school employee qualified wage exclusion and tax credit, report to LRC

Amendment	House Floor Amendment 2
Sponsor	C. Aull
Summary	Make title amendment.
Index Headings	Title Amendments - HB 1

Amendment	House Floor Amendment 3
Fiscal Impact Statement	Fiscal Note to House Floor Amendment 3
Sponsor	E. Hancock
Summary	Retain original provisions; amend KRS 141.019 to exclude all income earned from all sources by a state service employee for taxable years beginning on or after January 1, 2026.
Index Headings	Fiscal Note - Exclusion of income from individual income tax, state employees State Employees - Exclusion of income from individual income tax Taxation - Exclusion of income from individual income tax, state employee Taxation, Income--Individual - Exclusion of income from individual income tax, state employees

Amendment	House Floor Amendment 4
Sponsor	E. Hancock
Summary	Make title amendment.
Index Headings	Title Amendments - HB 1

Amendment	House Floor Amendment 5
Sponsor	S. Doan
Summary	Amend KRS 141.020 to reduce the individual income tax rate by one percentage point for each taxable year, starting with a rate of three percent for taxable years beginning on or after January 1, 2025.
Index Headings	Taxation - Individual income tax rate, reduction Taxation, Income--Individual - Tax rate, reduction

Amendment	House Floor Amendment 6
Fiscal Impact Statement	Fiscal Note to House Floor Amendment 6
Sponsor	A. Moore
Summary	Retain original provisions; amend KRS 141.019 to exclude income earned by veterans.
Index Headings	Taxation - Income of veterans, income tax exclusion Taxation, Income--Individual - Income tax exclusion, income of veterans Veterans - Income tax exclusion Fiscal Note - Income tax exclusion, income of veterans

Amendment	House Floor Amendment 7
Sponsor	A. Moore
Summary	Make title amendment.
Index Headings	Title Amendments - HB 1

Amendment	House Floor Amendment 8
Fiscal Impact Statement	Fiscal Note to House Floor Amendment 8
Sponsor	A. Camuel
Summary	Amend KRS 141.020 to create graduated tax rates based on income for taxable years beginning on or after January 1, 2026.
Index Headings	Taxation - Graduated tax rates, individual income tax Taxation, Income--Individual - Graduated tax rates Fiscal Note - Graduated tax rates, individual income tax

Amendment	House Floor Amendment 9
Fiscal Impact Statement	Fiscal Note to House Floor Amendment 9
Sponsor	R. Roarx
Summary	Retain original provisions; amend KRS 139.200 to remove certain services for which sales tax is imposed upon.
Index Headings	Taxation - Sales tax, certain services, removal Taxation, Sales and Use - Certain services on which a sales tax is imposed, removal Fiscal Note - Sales tax, certain services, removal

Amendment	House Floor Amendment 10
Sponsor	R. Roarx
Summary	Make title amendment.
Index Headings	Title Amendments - HB 1

Amendment	House Floor Amendment 11
Fiscal Impact Statement	Fiscal Note to House Floor Amendment 11
Sponsor	A. Donworth
Summary	Delete original provisions; 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; authorize individuals with incomes above the specified thresholds to 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	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 Fiscal Note - Refundable child tax credit

Amendment	Senate Floor Amendment 1
Fiscal Impact Statement	Fiscal Note to Senate Floor Amendment 1
Sponsor	G. Williams
Summary	Delete all original provisions; amend KRS 141.020 to establish individual income tax rate reductions starting with taxable years beginning on or after January 1, 2026, through January 1, 2030.
Index Headings	Taxation - Individual income tax rate Taxation, Income--Individual - Tax rate reduction Fiscal Note - Tax rate reduction, individual income tax

Amendment	Senate Floor Amendment 2
Sponsor	G. Williams
Summary	Retain original provisions; insert additional percentages by which future individual income tax rates may be reduced.
Index Headings	Taxation - Individual income tax rate, reduction Taxation, Income--Individual - Tax rates, reduction