Sign Up
HB 694 Kentucky House · 2026 Regular Session

AN ACT relating to an income tax credit for qualified employers.

Summary
Create a new section of KRS Chapter 141 to define terms; establish a nonrefundable income tax credit for an employer that hires an eligible employee who holds a certificate of employability; provide that the credit is equal to the amount of wages paid to the eligible employee subject to certain limitations; amend KRS 141.0205 to order the credit; amend KRS 131.190 to allow the Department of Revenue to report on the credit.
Issues: ✗ Budget & TaxesOpposes Budget & TaxesCreates nonrefundable corporate tax credit, reducing state revenue and weakening tax base per bill's tax credit provision.90% confidence ✓ Criminal JusticeSupports Criminal JusticeTax credit for employers hiring individuals with certificates of employability (typically linked to corrections reentry), reducing recidivism through employment opportunities.85% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 23, 2026 Last action Mar 2, 2026
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
2
Mar 2, 2026
Committee
to Appropriations & Revenue (H)
lower
Feb 23, 2026
Committee
to Committee on Committees (H)
lower
Feb 23, 2026
Introduced
introduced in House
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.