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HB 120 KY
Introduced

AN ACT relating to the limited liability entity tax.

KY · session 2024RS · Assembly / House · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 3, 2024

Latest action (Jan 18, 2024) to Appropriations & Revenue (H)

Summary

Amend KRS 141.0401 to prevent entities doing business in Kentucky with gross receipts of less than $100,000 from paying the limited liability entity tax for taxable years beginning on or after January 1, 2025.

Sponsors (2)

Action history (3)
  1. Jan 3, 2024 introduced in House · lower
  2. Jan 3, 2024 to Committee on Committees (H) · lower
  3. Jan 18, 2024 to Appropriations & Revenue (H) · lower
Subjects
Fiscal NoteSmall BusinessTaxationTaxation, Income--Corporate

Text versions (1)

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

Full text

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