HB 10/FN (BR 888) - M. King, D. Butler, T. Riner, J. Carney, B. DeWeese, C. Embry Jr., T. McKee, J. Tilley, A. Webb-Edgington
AN ACT relating to tax credits for hiring legally blind or severely disabled individuals.
Create a new section of KRS Chapter 141 to provide a nonrefundable income tax credit for tax years beginning on or after January 1, 2012, for taxpayers who contract with a resident nonprofit organization for services performed by indiviudals who are legally blind or severely disabled; amend KRS 141.0205 to provide the order in which the credit may be claimed.
HB 10 - AMENDMENTS
HCS/FN - Retain original provisions, except make the credit effective for tax years beginning on or after January 1, 2013.
Jan 6-introduced in House
Jan 7-to Appropriations & Revenue (H)
Feb 11-posted in committee
Feb 15-reported favorably, 1st reading, to Consent Calendar with Committee Substitute
Feb 16-2nd reading, to Rules; posted for passage in the Consent Orders of the Day for Friday, February 18, 2011
Feb 18-3rd reading, passed 96-0 with Committee Substitute ; received in Senate
Feb 23-to Appropriations & Revenue (S)