| Last Action | 02/21/25: to Appropriations & Revenue (H) |
|---|---|
| Title | AN ACT relating to a tax credit for renters. |
| Bill Documents | Introduced |
| Bill Request Number | 847 |
| Sponsor | P. Stevenson |
| Summary of Original Version | Create a new section of KRS Chapter 141 to establish a refundable qualified rent payment credit for taxable years beginning on or after January 1, 2026, but before January 1, 2030, in the amount of 25 percent of the qualified rent payments made during the taxable year, not to exceed $1,000; amend KRS 141.0205 to order the credit; amend KRS 131.190 to allow reporting by the Department of Revenue. |
| Index Headings of Original Version |
Landlord and Tenant - Qualified rent payments, income tax credit Taxation - Qualified rent payments, income tax credit Taxation, Income--Individual - Qualified rent payments, tax credit Reports Mandated - Qualified rent payment tax credit, annual report |
| 02/14/25 |
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|---|---|
| 02/21/25 |
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Last updated: 2/21/2025 4:29 PM (EST)