HB 222 KY

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Introduced

Create a new section in KRS Chapter 141 to define terms; establish a tax deduction for contributions made to an eligible savings account by a first-time home buyer and allow an exclusion from income for any interest earned from an eligible savings account of a first-time home buyer effective for taxable years beginning on or after January 1, 2025, but before January 1, 2035; require the Department of Revenue to report to the Legislative Research Commission and the Interim Joint Committee on Appropriations and Revenue; amend KRS 141.019 and 131.190 to conform.

• K. Timoney · primary
• K. Banta Republican · primary
• T. Bojanowski Democratic · primary
• K. Bratcher · primary
• S. Bratcher Republican · primary
• S. Doan Republican · primary
• C. Freeland Republican · primary
• A. Gentry Democratic · primary
• D. Grossberg Democratic · primary
• S. Heavrin Republican · primary
• W. Lawrence Republican · primary
• S. Lewis Republican · primary
• M. Meredith Republican · primary
• K. Moser Republican · primary
• J. Nemes Republican · primary
• R. Palumbo · primary
• R. Roarx Democratic · primary
• W. Thomas Republican · primary
• S. Witten Republican · primary

1. Jan 10, 2024 introduced in House · lower
2. Jan 10, 2024 to Committee on Committees (H) · lower

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Introduced · PDF