| Last Action | 03/02/26: to Appropriations & Revenue (H) |
|---|---|
| Title | AN ACT relating to an income tax credit for qualified employers. |
| Bill Documents | Introduced |
| Bill Request Number | 1023 |
| Sponsor | C. Aull |
| Summary of Original Version | Create a new section of KRS Chapter 141 to define terms; establish a nonrefundable income tax credit for an employer that hires an eligible employee who holds a certificate of employability; provide that the credit is equal to the amount of wages paid to the eligible employee subject to certain limitations; amend KRS 141.0205 to order the credit; amend KRS 131.190 to allow the Department of Revenue to report on the credit. |
| Index Headings of Original Version |
Corrections And Correctional Facilities, State - Certificate of employability, eligible employee, income tax credit Education, Higher - Certificate of employability, eligible employee, income tax credit Education, Vocational - Certificate of employability, eligible employee, income tax credit Education, Vocational - Department of Revenue, eligible employee credit, report Taxation - Eligible employee credit, certificate of employability, establishment Taxation, Income--Corporate - Eligible employee credit, establishment Taxation, Income--Individual - Eligible employee credit, establishment |
| 02/23/26 |
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| 03/02/26 |
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Last updated: 3/6/2026 4:40 PM (EST)