Budget & Taxes

in committee · Kentucky · House Jan 14, 2026

HB 88: AN ACT relating to the qualified elementary and secondary education scholarship federal tax credit.

Create a new section of KRS Chapter 43 to elect for the Commonwealth to participate in the qualified elementary and secondary education scholarship federal tax credit program; designate the Auditor of Public Accounts as the officer to submit the Commonwealth's election and list of scholarship granting organizations to the United States Secretary of the Treasury; require the Auditor to maintain the Commonwealth's list of scholarship granting organizations and maintain certain information on the Auditor's website; authorize the Auditor to promulgate administrative regulations necessary to establish the list; and authorize the Auditor to enter into agreements to assist with implementing the section.

Topics ✓ Budget & TaxesSupports Budget & TaxesEnables federal tax credit for education scholarships, providing tax relief to eligible families under federal program participation.95% confidence ✓ EducationSupports EducationCreates federal tax credit for K-12 scholarships, expanding educational access options through private school funding mechanisms.90% confidence

Sub-Topics Tax Credits School Choice Student Financial Aid

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in committee · Kentucky · House Jan 29, 2026

HB 446: AN ACT relating to the home installation credit.

Create a new section of KRS Chapter 141 establishing the refundable home installation credit, not to exceed $7,500 annually, for qualifying home installations to increase the habitability or efficiency of the residence for individuals that are age 65 or older or have a physical or mental impairment; effective for taxable years beginning on or after January 1, 2027, but before January 1, 2031; amend KRS 141.0205 to establish ordering of the credit; amend KRS 131.190 to allow information to be provided to the Legislative Research Commission.

Topics ✓ Budget & TaxesSupports Budget & TaxesRefundable tax credit for seniors/disabled provides direct tax relief, aligning with support indicators for middle/lower income tax relief.90% confidence

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in committee · Kentucky · House Jan 15, 2026

HB 237: AN ACT relating to the employer student loan repayment credit.

Create a new section of KRS Chapter 141 to establish the employer student loan repayment credit, equal to 50% of the amount paid by an employer on an eligible student loan of a qualified employee effective for taxable years beginning January 1, 2026, but before January 1, 2030; 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 employer tax credit (50% of student loan payments) under KRS, providing tax relief via new tax incentive, directly supporting tax policy framework.95% confidence ✓ EducationSupports EducationReduces student loan burden via employer credit, expanding higher education access and aligning with education-focused tax incentives.85% confidence

Sub-Topics Student Financial Aid

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signed · Kentucky · House Apr 14, 2026

HB 504: AN ACT making appropriations for the operations, maintenance, support, and functioning of the Judicial Branch of the government of the Commonwealth of Kentucky and its various officers, boards, commissions, subdivisions, and other state-supported activities.

The Judicial Branch Budget: Detail Part I, Operating Budget; detail Part II, Capital Projects Budget; detail Part III, General Provisions; detail Part IV, Budget Reduction or Surplus Expenditure Plan; APPROPRIATION.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly allocates funds for judicial branch operations via appropriations, directly supporting state budget management per its title and summary.95% confidence

Sub-Topics Appropriations Government Spending State Budget

in committee · Kentucky · House Jan 28, 2026

HB 435: AN ACT relating to inheritance tax.

Amend KRS 140.070 and 140.080 to include a foster child as a Class A beneficiary and to delete language that only applies to deaths occurring prior to July 1, 1995, or between July 1, 1995, and June 30, 1998; apply to estates of decedents who die on or after August 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands inheritance tax exemption to include foster children, providing tax relief for qualifying estates85% confidence

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in committee · Kentucky · House Jan 14, 2026

HB 217: AN ACT relating to designating income tax refunds to the animal control and care fund.

Create a new section of KRS Chapter 141 to provide taxpayers the option of having all or a portion of their individual income tax refund be contributed to the animal control and care fund created in KRS 258.119; establish requirements for administering the designation.

Topics ✓ Budget & TaxesSupports Budget & TaxesVoluntary tax refund designation funds animal control program, increasing public service funding without mandatory tax increases.95% confidence

Sub-Topics Income Tax

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in committee · Kentucky · House Jan 14, 2026

HB 155: AN ACT proposing to create a new section of the Constitution of Kentucky relating to the exemption of state and local excise, sales, and use taxes from food, food ingredients, prescription drugs, and residential and on-farm utilities.

Propose to create a new section of the Constitution of Kentucky to exempt from state and local excise, sales, and use taxes food, food ingredients, prescription drugs, residential utilities, and on-farm utilities; provide ballot language; submit to voters for ratification or rejection.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts essential items (food, medicine, utilities) from sales tax, providing tax relief for lower/middle-income households95% confidence ✓ HealthcareSupports HealthcareExempts prescription drugs from sales tax, reducing patient costs and improving access to essential medications, directly supporting healthcare affordability.85% confidence

Sub-Topics Sales Tax

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in committee · Kentucky · House Jan 16, 2026

HB 285: AN ACT relating to a property tax homestead exemption for disabled veterans.

Create a new section of KRS Chapter 132, relating to state and local property taxes, to establish a homestead exemption in an amount up to $100,000 for veterans with a 50% or greater service-connected disability; establish requirements for the exemption; allow the permanent residence of a veteran's surviving spouse to continue to receive the exemption; require the Department of Revenue to prescribe forms and an application process for the exemption; apply the exemption to state, county, city, and special district taxes; allow mobile homes, manufactured houses, recreational homes, and modular homes to qualify for the exemption; require title transfers on property receiving the exemption to be reported to the property valuation administrator; allow the exemption to apply to the value of the property that is assessable to the owner or proportioned to his or her interest when the property is jointly owned or owned through a stock or membership corporation; allow partial or full refunds if an overpayment occurs upon application of the exemption; apply to property assessed on or after January 1, 2027.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax exemption for disabled veterans, reducing taxable value and offering tax relief to lower-income veterans per tax policy indicators.95% confidence ✓ VeteransSupports VeteransCreates $100,000 property tax exemption for disabled veterans (50%+ service-connected disability), extending benefits to surviving spouses and reducing tax burden.95% confidence

Sub-Topics Property Tax Veteran Benefits Veteran Healthcare Veteran Housing

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in committee · Kentucky · House Jan 15, 2026

HB 245: AN ACT proposing an amendment to Section 170 of the Constitution of Kentucky relating to property exempt from taxation.

Propose to amend Section 170 of the Constitution of Kentucky to increase the homestead exemption to $75,000; require the homestead exemption amount to be indexed every year; provide ballot language; submit to voters for ratification or rejection; apply to property assessments beginning on or after January 1, 2027.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases homestead exemption to $75,000, reducing property tax burden for homeowners, aligning with tax relief for middle/lower income.95% confidence

Sub-Topics Property Tax

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in committee · Kentucky · House Jan 13, 2026

HB 17: AN ACT relating to one-time payments to school district employees, making an appropriation therefor, and declaring an emergency.

Direct local school districts to provide a one-time payment of $2,000 to certified employees, excluding superintendents, in each year of the 2026-2028 biennium, and a one-time payment of $1,000 to classified employees in each year of the 2026-2028 biennium; appropriate $153 million from the Budget Reserve Trust Fund account in each year of the 2026-2028 biennium to the Learning and Results Services budget unit to provide the payments; authorize the Department of Education to pro rata reduce payments if the appropriation is insufficient; APPROPRIATION; EMERGENCY.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $153M from Budget Reserve to fund school employee payments, directly increasing education budget appropriations without tax changes.95% confidence ✓ EducationSupports EducationBill provides direct funding ($2,000/$1,000 payments) to school employees, explicitly appropriating $153M to support educators and classified staff during 2026-2028 biennium.95% confidence

Sub-Topics Appropriations State Budget School Funding Teachers

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