| Last Action | 03/05/26: to Appropriations & Revenue (H) |
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| Title | AN ACT relating to a Kentucky working credit. |
| Bill Documents | Introduced |
| Bill Request Number | 1963 |
| Sponsor | W. Williams |
| Summary of Original Version | Create a new section of KRS Chapter 141 to establish a refundable Kentucky working credit equal to 30% of the federal earned income credit allowed for the taxable year; a taxpayer's modified gross income to be in excess of the amount eligible for the family size tax credit allowed in KRS 141.066(limit the credit to $2,000 per taxable year; make credit effective for taxable years beginning on or after January 1, 2027, but before January 1, 2031; 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 |
Taxation - Kentucky working credit, individual income tax Taxation, Income--Individual - Kentucky working credit Wages And Hours - Kentucky working credit, individual income tax |
| 02/26/26 |
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| 03/05/26 |
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Last updated: 3/6/2026 4:40 PM (EST)