HB 463 KY Introduced
AN ACT relating to the taxation of pension income, making an appropriation therefor, and declaring an emergency.
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Summary
Amend KRS 141.019 to increase the pension income exclusion from $31,110 to $41,110; apply retroactively for taxable years beginning on or after January 1, 2018; require the Department of Revenue to automatically issue refunds; APPROPRIATION; RETROACTIVE; EMERGENCY.
Sponsors (14)
- R. Huff · primary
- K. Banta Republican · primary
- J. Blanton Republican · primary
- T. Bojanowski Democratic · primary
- A. Bowling Republican · primary
- D. Hale Republican · primary
- D. Lewis Republican · primary
- S. Lewis Republican · primary
- M. Lockett Republican · primary
- C. Massey · primary
- B. McCool Republican · primary
- R. Palumbo · primary
- K. Timoney · primary
- B. Wheatley · primary
Action history (2)
- Feb 8, 2022 introduced in House · lower
- Feb 8, 2022 to Committee on Committees (H) · lower
Subjects
AppropriationsEffective Dates, EmergencyRetirement and PensionsRetroactive LegislationTaxationTaxation, Income--Individual
Text versions (1)
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