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HB 835 KY
Introduced

AN ACT relating to the New Markets Development Program tax credit.

KY · session 2026RS · Assembly / House · bill

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Introduced Mar 3, 2026

Latest action (Mar 10, 2026) to Appropriations & Revenue (H)

Summary

Amend KRS 141.433 to allow amounts received as repayment on a qualified low-income community investment and reinvested in another qualified low-income community investment during the same calendar year to be considered continuously held; amend KRS 141.434 to increase the cap on total New Markets Development Program tax credits from $10 million to $20 million in each fiscal year.

Sponsor (1)

Action history (3)
  1. Mar 3, 2026 introduced in House · lower
  2. Mar 3, 2026 to Committee on Committees (H) · lower
  3. Mar 10, 2026 to Appropriations & Revenue (H) · lower
Subjects
TaxationTaxation, Income--CorporateTaxation, Income--Individual

Full text

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