SB 12 KY

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Introduced

Create a new section of KRS Chapter 141 to establish a refundable Kentucky child tax credit for taxpayers with qualifying children under the age of six; 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 tax credit; amend KRS 141.0205 to order the tax credit; amend KRS 131.190 to allow the Department of Revenue to report on the tax credit.

• D. Yates · primary
• C. Armstrong Democratic · primary

1. Jan 2, 2024 introduced in Senate · upper
2. Jan 2, 2024 to Committee on Committees (S) · upper
3. Jan 3, 2024 to Appropriations & Revenue (S) · upper

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