HB 268 (BR 1151) - R. Nelson, L. Combs, T. Riner
AN ACT relating to energy and efficiency incentives.
Create a new section of KRS Chapter 141 to define "solar energy systems," "upgraded insulation," "energy-efficient windows and storm doors," geothermal heat pumps and "small wind turbines or wind machines"; create a new section of KRS Chapter 141 to create nonrefundable corporate, individual, and limited liability entity income tax credits of specified maximum limits for new and existing homes and small businesses equal to exceed thirty percent of installed costs of purchases and construction; require annual reporting of gross amount of credits and number of each type beginning no later than May 1, 2010, and on or before every September 1 thereafter to the Legislative Research Commission; amend KRS 141.0205 to conform; amend KRS 278.465 to include wind energy.
Jan 10-introduced in House
Jan 15-to Appropriations & Revenue (H)