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HB 694 KY
Introduced

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

KY · session 2026RS · Assembly / House · bill

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Introduced Feb 23, 2026

Latest action (Mar 2, 2026) to Appropriations & Revenue (H)

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.

Sponsor (1)

Action history (3)
  1. Feb 23, 2026 introduced in House · lower
  2. Feb 23, 2026 to Committee on Committees (H) · lower
  3. Mar 2, 2026 to Appropriations & Revenue (H) · lower
Subjects
Corrections And Correctional Facilities, StateEducation, HigherEducation, VocationalTaxationTaxation, Income--CorporateTaxation, Income--Individual

Full text

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