Bill Sponsor
Kentucky House Bill 659
Session 2022RS
AN ACT relating to revenue measures.
Became Law
Became Law
Signed by Governor on Apr 25, 2022
Sponsors
Republican
Steven Rudy
Republican
David Osborne
First Action
Feb 28, 2022
Latest Action
Apr 25, 2022
Origin Chamber
House
Type
Bill
Bill Number
659
State
Kentucky
Session
2022RS
Sponsorship by Party
Republican
Primary
Republican
Primary
House Votes (3)
Motion Text
No Motion Provided
House Roll Call Votes
Summary
Amend KRS 171.397 to increase the maximum credit a taxpayer may claim to $120,000 for owner-occupied residential property and $10 million with regard to all other property and to allow the tax credit to be transferred to financial institutions that are now taxed under the income tax statutes, instead of the bank franchise tax.
Sources
Record Created
Mar 1, 2022 6:26:23 AM
Record Updated
May 25, 2022 10:38:39 PM