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AN ACT relating to income taxation.
Amend several sections of KRS Chapter 141 to require federal filing status, and allow federal amounts for standard deduction and personal exemption, eliminate the low income credit, and tax the remaining taxable income at 6%; create a new section of KRS Chapter 141 to determine the allowable amount of the personal exemption.
Jan 12-introduced in House
Jan 13-to Appropriations and Revenue (H)