06RS HB251


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Includes opposite chamber sponsors where requested by primary sponsors of substantially similar bills in both chambers and jointly approved by the Committee on Committees of both chambers. Opposite chamber sponsors are represented in italics.

HB 251/FN (BR 1095) - J. Wayne, R. Rand

     AN ACT relating to corporation tax credits.
     Create a new section of KRS Chapter 141 to define terms; establish a nonrefundable community rehabilitation credit program; establish maximum amount of credit allowed per corporation per tax year; amend KRS 141.0205 to establish the order in which the credit is applied against tax imposed by KRS 141.040; apply nonrefundable tax credit for tax years beginning on or after January 1, 2007.

     Jan 6-introduced in House
     Jan 9-to Appropriations and Revenue (H)

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