HB 378
AN ACT relating to a tax credit for qualified home modifications.
In Plain Language
This bill creates a new tax credit for people who make qualified modifications to their homes. The credit can be subtracted from state income taxes owed. The bill also lets the Department of Revenue track and report information about how many people use this credit and how much it costs the state.
Official summary
Create a new section of KRS Chapter 141 to establish the qualified home modification credit against the tax imposed in KRS 141.020; amend KRS 141.0205 to order the credit; amend KRS 131.190 to allow the Department of Revenue to report on the credit.
Sponsor
—
Cosponsors
None listed
Latest action
to Appropriations & Revenue (H)
Feb 12, 2025
Official source
Action history
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