| Last Action | 01/13/26: to Appropriations & Revenue (H) |
|---|---|
| Title | AN ACT relating to the individual income tax rate. |
| Bill Documents | Introduced |
| Bill Request Number | 1340 |
| Sponsors | L. Burke, G. Brown Jr. |
| Summary of Original Version | Amend KRS 141.020 to establish a graduated tax rate for net income of $300,000 or less; establish a flat tax rate of 6% for net incomes in excess of $300,000; and remove provisions relating to tax rate reduction procedures. |
| Index Headings of Original Version |
Budget And Financial Administration - Individual income tax, graduated tax rates, elimination of reduction procedures Taxation - Individual income tax, graduated tax rates, elimination of reduction procedures Taxation, Income--Individual - Graduated tax rates, elimination of reduction procedures |
| 01/06/26 |
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|---|---|
| 01/13/26 |
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Last updated: 1/29/2026 5:15 PM (EST)