SB 39

  • Kentucky Senate Bill
  • 2023 Regular Session
  • Introduced in Senate Jan 04, 2023
  • Senate
  • House
  • Governor

AN ACT relating to tax increment financing.

Abstract

Amend KRS 154.30-010 for tax increment financing projects to include a calculation for modified new revenues for income tax which will account for future tax rate decreases;provide that this calculation is for state tax revenues received from individual income taxes on or after January 1, 2023, and is for projects approved prior to January 1, 2023.

Bill Sponsors (3)

Votes


No votes to display

Actions


Jan 05, 2023

Senate

to Appropriations & Revenue (S)

Jan 04, 2023

Senate

introduced in Senate

Senate

to Committee on Committees (S)

Bill Text

Bill Text Versions Format
Introduced PDF

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the Kentucky General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.