11RS HB403
LRC Seal

HB403

11RS

WWW Version

The hyperlink to a bill draft that precedes a summary contains the most recent version (Introduced/GA/Enacted) of the bill. If the session has ended, the hyperlink contains the latest version of the bill at the time of sine die adjournment. Note that the summary pertains to the bill as introduced, which is often different from the most recent version.


HB 403/FN (BR 1112) - K. Hall, T. Couch, T. Edmonds, D. Graham

     AN ACT relating to the New Markets Tax Credit and declaring an emergency.
     Amend KRS 141.432 modifying the definition of long-term debt security to make the computation of the interest payments limitation on the debt instrument prior to allowing the effect of the interest expense; retroactively applies to June 4, 2010.

HB 403 - AMENDMENTS


     HFA (1/P, T. Moore) - Retain the original provisions of the bill; create a new section of KRS Chapter 141 establishing the job stimulus tax credit for an employer hiring a qualifying employee on or after April 1, 2011, but before April 1, 2013, and amending KRS 141.0205 to place the new credit within the applicable order of all tax credits; EMERGENCY
     HFA (2/Title, T. Moore) - Make title amendment.

     Feb 9-introduced in House
     Feb 10-to Appropriations & Revenue (H)
     Feb 18-posted in committee
     Feb 22-reported favorably, 1st reading, to Consent Calendar
     Feb 23-2nd reading, to Rules; posted for passage in the Consent Orders of the Day Thursday, February 24, 2011; floor amendments (1) and (2-title) filed
     Feb 24-taken from the Consent Orders of the Day, placed in the Regular Orders of the Day; floor amendments (1) and (2-title) withdrawn
     Feb 25-3rd reading, passed 93-0
     Feb 28-received in Senate
     Mar 1-taken from Committee on Committees (S); 1st reading; returned to Committee on Committees (S); to Appropriations & Revenue (S)
     Mar 2-taken from Appropriations & Revenue (S); 2nd reading; returned to Appropriations & Revenue (S)

Vote History
Legislature Home Page | Record Front Page