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HB 457 (BR 1829) - C. Ratliff, I. Branham, H. Cornett
AN ACT relating to income taxes.
Create a new section of KRS Chapter 141 to provide a tax credit against the corporate income tax of $3 per each ton of coal mined in Kentucky and used for electricity in Kentucky; amend KRS 141.0205 to conform; apply to taxable years beginning on or after January 1, 2001.
Jan 25-introduced in House
Jan 26-to Appropriations and Revenue (H)