The hyperlink to a bill draft that precedes a summary contains the most recent version (Introduced/GA/Enacted) of the bill. If the session has ended, the hyperlink contains the latest version of the bill at the time of sine die adjournment. Note that the summary pertains to the bill as introduced, which is often different from the most recent version.
HB 142/FN (BR 423) - J. Richards
AN ACT relating to tax credits promoting research and development at Kentucky public universities.
Amend KRS 141.395 to establish a qualified research income tax credit for certain research expenses paid or incurred by the taxpayer to a Kentucky public university; declare purpose of the credit and require annual reporting to the Legislative Research Commission to enable the impact of the credit to be evaluated; sunset the tax credit currently permitted for the construction of research facilities; provide for the ordering of the credit; declare short title of the Act to be the Kentucky University Research and Development Advancement Act of 2016.
Dec 11, 2015 - Prefiled by the sponsor(s).
Jan 05, 2016 - introduced in House; to Appropriations & Revenue (H)