HB 699 KY Introduced
AN ACT relating to the rehabilitation of certified historic structures.
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Summary
Amend KRS 171.397 to allow a tax credit related to rehabilitation of certified historic structures that is transferred and remains nonrefundable to be carried forward for a period not to exceed seven years of the taxable year in which the certified rehabilitation was completed; effective for applications received after April 30, 2023.
Sponsor (1)
- K. Upchurch Republican · primary
Action history (3)
- Feb 26, 2024 introduced in House · lower
- Feb 26, 2024 to Committee on Committees (H) · lower
- Mar 5, 2024 to Appropriations & Revenue (H) · lower
Subjects
Fiscal NoteTaxationTaxation, Income--CorporateTaxation, Income--Individual
Text versions (1)
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