HB 68 (BR 240) - M. Dossett
AN ACT relating to the individual income tax.
Create a new section in KRS Chapter 141 to exclude from individual income tax for eight consecutive calendar quarters the amount of wages paid by a qualifying small business that has no more than five employees and registers with the department; amend KRS 141.010 and 141.310 to conform.
(Prefiled by the sponsor(s).)
Nov 4-To: Interim Joint Committee on Appropriations and Revenue
Jan 5-introduced in House; to Appropriations & Revenue (H)