07RS HB47

HB47

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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 47 (BR 259) - D. Floyd, J. DeCesare

     AN ACT relating to contributions to the Commonwealth of Kentucky.
     Create a new section of KRS Chapter 48 to establish the tax-me-more account within the state general fund to receive voluntary contributions from individuals and entities that believe they are undertaxed; require the Finance and Administration Cabinet to promulgate administrative regulations to establish a contribution process; require the Department of Revenue to provide an opportunity for taxpayers to make contributions with their income tax payments; specify that contributions are not tax deductible; require that amounts in the fund be appropriated by the General Assembly as part of the biennial budget process; amend KRS 141.010 to conform.

     (Prefiled by the sponsor(s).)

     Nov 9-To: Interim Joint Committee on Appropriations and Revenue
     Jan 2-introduced in House
     Jan 3-to Appropriations and Revenue (H)


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