HB 376/FN (BR 1340) - J. Kay, L. Combs, J. Greer, R. Meeks, M. Meredith, R. Quarles, R. Rand, J. Richards, T. Riner, R. Smart, G. Stumbo, S. Westrom
AN ACT relating to tax credits promoting land conservation.
Create a new section of KRS Chapter 141 to establish a qualified conservation contribution income tax credit; amend KRS 141.0205 to provide for the ordering of the credit; amend KRS 146.560 to include the Kentucky Heritage Land Conservation Fund Board in the development of qualification for certification of qualified real property interests; amend KRS 262.908 to include the PACE board in the development of qualifications for certification of qualified real property interests.
HB 376 - AMENDMENTS
HCS - Retain all provisions of the original bill, make effective beginning January 1, 2017.
Feb 11-introduced in House
Feb 12-to Appropriations & Revenue (H)
Feb 28-posted in committee
Mar 18-reported favorably, 1st reading, to Consent Calendar with Committee Substitute
Mar 19-2nd reading, to Rules
Mar 20-posted for passage in the Consent Orders of the Day for Friday, March 21, 2014
Mar 21-3rd reading, passed 97-0 with Committee Substitute ; received in Senate
Mar 24-to Appropriations & Revenue (S)