12RS HB453
LRC Seal

HB453

12RS

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 453 (BR 1686) - K. Hall, R. Henderson, T. Couch, D. Graham, B. Housman, M. King, F. Nesler, J. Richards, S. Rudy, S. Santoro, T. Thompson, B. Yonts

     AN ACT relating to the New Markets Development Program tax credit.
     Amend KRS 141.432 to modify the definition of "long-term debt security" to allow for computation of the interest payment limitation prior to allowing the effect of the interest expense; amend KRS 141.434 to increase the tax credit cap from $5 million to $13 million each year.

     Feb 23-introduced in House
     Feb 27-to Appropriations & Revenue (H)


Legislature Home Page | Record Front Page