HB 659 Kentucky House · 2022 Regular Session

AN ACT relating to revenue measures.

Summary

Amend KRS 171.397 to increase the maximum credit a taxpayer may claim to $120,000 for owner-occupied residential property and $10 million with regard to all other property and to allow the tax credit to be transferred to financial institutions that are now taxed under the income tax statutes, instead of the bank franchise tax.

Bill status signed all 5 stages cleared

Introduction

Feb 2022

Committee Review

Apr 2022

House Passage

Apr 2022

Senate Passage

Apr 2022

Signed into Law

Apr 2022

Introduced Feb 28, 2022 Signed Apr 25, 2022

Floor votes · House Mar 15, 2022

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Apr 25, 2022

Signed into law

signed by Governor (Acts Ch. 238)

lower

Apr 14, 2022

Upper · Passed

enrolled, signed by President of the Senate

upper

Apr 14, 2022

Lower · Passed

enrolled, signed by Speaker of the House

lower

Apr 14, 2022

Lower · Passed

passed 71-15

lower

Apr 14, 2022

Lower · Passed

House concurred in Senate Committee Substitute (1) and Committee Amendment (1-title)

lower

Apr 14, 2022

Lower · Passed

posted for passage for concurrence in Senate Committee Substitute (1) and committee amendment (1-title)

lower

Apr 14, 2022

Committee

to Rules (H)

lower

Apr 14, 2022

Lower · Passed

passed 36-0 with Committee Substitute (1) and Committee Amendment (1-title)

lower

Apr 14, 2022

Lower · Passed

reported favorably, to Rules with Committee Substitute (1) and Committee Amendment (1-title) as a consent bill

lower

Mar 30, 2022

Introduced

floor amendments (1-title) and (2) filed

lower

Mar 21, 2022

Committee

to Appropriations & Revenue (S)

upper

Mar 16, 2022

Committee

to Committee on Committees (S)

upper

Mar 15, 2022

Lower · Passed

3rd reading, passed 85-2

lower

Mar 10, 2022

Lower · Passed

reported favorably, 1st reading, to Calendar

lower

Mar 7, 2022

Committee

to Economic Development & Workforce Investment (H)

lower

Feb 28, 2022

Committee

to Committee on Committees (H)

lower

Feb 28, 2022

Introduced

introduced in House

lower

2 primary · 0 co-sponsors