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SB 255 KY
Introduced

AN ACT relating to rural revitalization.

KY · session 2026RS · Senate · bill

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Introduced Feb 26, 2026

Latest action (Feb 26, 2026) to Committee on Committees (S)

Summary

Create new sections of KRS Chapter 65 to provide incremental revenue tax incentives to the Rural Kentucky Revitalization Opportunity Partnership; define terms; state findings; establish the Rural Kentucky Revitalization Opportunity Partnership Board; establish incentive program; create an income tax credit for certain residents; amend KRS 141.0205 to order the credit; amend KRS 131.190 to allow reporting by the Department of Revenue.

Sponsor (1)

Action history (2)

  1. Feb 26, 2026 introduced in Senate · upper
  2. Feb 26, 2026 to Committee on Committees (S) · upper
Subjects
Budget And Financial AdministrationCitiesCountiesEconomic DevelopmentLocal GovernmentReports MandatedTaxationTaxation, Income--CorporateTaxation, Income--Individual

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