Budget & Taxes

in committee · Kentucky · House Jan 29, 2026

HB 462: AN ACT relating to tax increment financing.

HB 462 permanently removes an expiration date from Kentucky's calculation method for tax increment financing (TIF) projects. It makes the definition of "modified new revenues for income tax" permanent, affecting how local development agencies calculate state tax revenues used to fund infrastructure. This change ensures TIF projects can continue using this specific tax revenue calculation without future expiration. It directly impacts urban renewal authorities, development agencies, and other local entities that use TIF under KRS Chapter 154 to finance public infrastructure.

Topics ✓ Budget & TaxesSupports Budget & TaxesPermanently extends TIF tax revenue calculation, ensuring ongoing infrastructure funding without expiration. Supports fiscal management of development projects through stable tax allocation.90% confidence

Sub-Topics Income Tax Revenue Tax Incentives

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signed · Kentucky · Senate Apr 14, 2026

SB 59: AN ACT relating to prohibited uses of tax dollars and resources.

Amend KRS 65.013 to define terms; expand the prohibition on using tax dollars to advocate for or against a public question on the ballot to prohibit using any resources, and to explicitly apply prohibition to school districts, regional educational cooperatives, and recalls on a ballot; establish a criminal penalty and a prohibition against holding a position of public trust or profit for 10 years for a person found guilty of violating the prohibition; create a cause of action for a citizen aggrieved by a violation of the prohibition; establish a statute of limitations to commence suit and the appropriate venue; provide when the suit accrues; specify damages recoverable per violation; allow for class action; include a prohibition against holding a position of public trust or profit for 10 years for a person held civilly liable; amend KRS 48.025 and 132.017 to conform.

Topics ✗ Budget & TaxesOpposes Budget & TaxesProhibits tax dollars from being used for ballot advocacy, expands restrictions to school districts, and adds penalties - restricting government spending on specific activities.90% confidence ✗ EducationOpposes EducationRestricts school districts from using tax funds for ballot advocacy, limiting educational advocacy activities per bill's prohibition on resources.95% confidence

in committee · Kentucky · Senate Jan 13, 2026

SB 81: AN ACT relating to the Kentucky child credit.

Create a new section of KRS Chapter 141 to establish a refundable Kentucky child credit for taxpayers with qualifying children under the age of 6; authorize a maximum credit of $1,000 per qualifying child for individuals with income below $50,000 for single taxpayers and $100,000 for married taxpayers filing jointly; provide that individuals with incomes above the specified thresholds may be eligible for a reduced child credit; amend KRS 141.0205 to order the credit; amend KRS 131.190 to allow the Department of Revenue to report on the credit.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates refundable tax credit for low/middle-income families with children under 6, reducing tax burden per income thresholds.92% confidence

Sub-Topics Tax Credits

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in committee · Kentucky · House Jan 13, 2026

HB 19: AN ACT relating to school district employees and declaring an emergency.

Amend KRS 157.420 to preclude the Kentucky Board of Education from approving the working budget or salary schedule of a local board of education unless it incorporates a salary increase for certified and classified staff consistent with the percent increase in the Consumer Price Index for All Urban Consumers (CPI-U); EMERGENCY; EFFECTIVE July 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesMandates school budgets include CPI-linked salary increases for staff, ensuring funding for education personnel within state fiscal management.90% confidence ✓ EducationSupports EducationMandates salary increases for teachers aligned with CPI-U, directly supporting educator compensation and addressing inflation impacts on school budgets.95% confidence

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in committee · Kentucky · House Jan 14, 2026

HB 228: AN ACT relating to a tax credit for renters.

Create a new section of KRS Chapter 141 to establish a refundable qualified rent payment credit for taxable years beginning on or after January 1, 2027, but before January 1, 2031, in the amount of 25% of the qualified rent payments made during the taxable year, not to exceed $1,000; amend KRS 141.0205 to order the credit; amend KRS 131.190 to allow reporting by the Department of Revenue.

Topics ✓ Budget & TaxesSupports Budget & TaxesRefundable tax credit for renters provides direct tax relief to lower-income households, reducing their tax burden under state tax code.95% confidence ✓ HousingSupports HousingProvides refundable tax credit (25% of rent, up to $1,000) for renters, directly reducing housing costs and increasing affordability for tenants.95% confidence

Sub-Topics Tax Credits Landlords Renters Tenant Rights

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in committee · Kentucky · House Jan 29, 2026

HB 451: AN ACT relating to the limited liability entity tax.

Amend KRS 141.0401 to exempt entities doing business in Kentucky with gross receipts of less than $100,000 from paying the limited liability entity tax for taxable years beginning on or after January 1, 2027.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts small businesses (<$100k gross receipts) from LLC tax, providing direct tax relief for small entities under Budget & Taxes.90% confidence

Sub-Topics Business Taxes Sales Tax

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in committee · Kentucky · House Jan 27, 2026

HB 426: AN ACT relating to a tax credit for renters.

Create a new section of KRS Chapter 141 to establish a refundable qualified rent payment credit for taxable years beginning on or after January 1, 2027, but before January 1, 2031, in the amount of 25% of the qualified rent payments made during the taxable year, not to exceed $1,000; amend KRS 141.0205 to order the credit; amend KRS 131.190 to allow reporting by the Department of Revenue.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides refundable tax credit (25% of rent, up to $1,000) for renters, directly offering tax relief to lower-income households through reduced tax burden.92% confidence ✓ HousingSupports HousingProvides refundable tax credit (25% of rent, up to $1,000) to lower rental costs for tenants, directly increasing housing affordability.95% confidence

Sub-Topics Tax Credits Property Taxes Renters Tenant Rights

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in committee · Kentucky · House Feb 4, 2026

HB 499: AN ACT relating to motor vehicle usage tax.

Amend KRS 138.470 to exempt from motor vehicle usage tax any motor vehicle purchased by current members of the Kentucky National Guard or reserve component, motor vehicles brought into the Commonwealth that were sold by a dealer in another state to a member of the Armed Forces on duty in the Commonwealth while that person was on temporary duty in another state, and motor vehicles registered outside the state by a veteran or member of the United States Armed Forces that were purchased while that person was a member of the Armed Forces.

Topics ✗ Budget & TaxesOpposes Budget & TaxesExempts military vehicles from tax, reducing state tax revenue and limiting collection under taxation.85% confidence ✓ VeteransSupports VeteransExempts veterans and military members from motor vehicle tax, providing direct financial benefit and aligning with veteran support indicators.95% confidence

Sub-Topics Sales Tax National Guard & Reserve

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in committee · Kentucky · Senate Feb 23, 2026

SB 44: AN ACT relating to the Kentucky Fire Commission, making an appropriation therefor, and declaring an emergency.

Amend KRS 95A.020 to increase the Kentucky Fire Commission to 18 members by transferring the 4 ex officio members to full member status and provide for terms of office of the non-appointive members; amend KRS 95A.262 to specify that the cancer screening reimbursements can be made from revenues allocated to the Firefighters Foundation Program fund pursuant to KRS 42.190 and 136.392; make an appropriation of $3,924,000 to the Kentucky Community and Technical College System for various projects for the commission; APPROPRIATION; EMERGENCY.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill makes specific $3,924,000 appropriation to Kentucky Community and Technical College System for projects, directly funding public services via state budget.92% confidence

Sub-Topics Appropriations

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in committee · Kentucky · Senate Mar 10, 2026

SB 142: AN ACT relating to affordable housing, making an appropriation therefor, and declaring an emergency.

Create new sections of KRS Chapter 198A to define terms; establish the abandoned home pool fund to be administered by the Kentucky Housing Corporation; specify eligible recipients, activities, and uses of fund; amend KRS 64.012 to increase county clerk recording fees and add a $2 fee to be deposited in the abandoned home pool fund; appropriate $25,000,000 from the General Fund to the abandoned home pool fund; APPROPRIATION; EMERGENCY, effective July 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $25M from General Fund to affordable housing fund, directly funding a public service program per budget & appropriations subjects.95% confidence ✓ HousingSupports HousingAppropriates $25M to abandoned home pool fund for affordable housing initiatives, directly funding housing development and rehabilitation.95% confidence

Sub-Topics Appropriations State Budget Affordable Housing

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