See every side of every news story
Get Started
SubscribeLogin
Israel-Hamas Conflict
Liberation Day
Tariffs
Donald Trump
Trade War
Natural Disasters
Social Media
Senate
Trade
Baseball
European Union
US Politics
Stock Markets
Published • loading... • Updated

Kentucky GOP quickly pushes through big changes to state tax cut triggers, incentives

Summary by lpm.org
(Joe Sonka / KPR)Kentucky’s Republican supermajority slid a last-minute massive tax overhaul into a bill before it cleared a committee, and hours before it passed the House chamber Tuesday. The most significant change in the bill would make it easier to hit annual budget triggers for income tax cuts.House Bill 775 was previously a four-page bill allowing Louisville to create a small tax increment financing district, or TIF, within an existing la…

4 Articles

All
Left
3
Center
Right
Richmond RegisterRichmond Register
Lean Left

House Bill would make it easier to lower Kentucky income tax

FRANKFORT — Kentucky’s Republican-controlled House voted Tuesday to make sprawling changes to the state’s tax laws and also to make it easier for lawmakers to incrementally lower the state’s income tax rate in the future

Read Full Article
kentuckylantern.comkentuckylantern.com
Left

Surprise 107-page bill wins House OK, would make it easier to lower Kentucky income tax • Kentucky Lantern

House budget committee chairman Jason Petrie, R-Elkton, said the new version of House Bill 775 would “begin a conversation” but he doubts “it survives the General Assembly's full process in its current iteration.” (LRC Public Information) FRANKFORT — Kentucky’s Republican-controlled House voted Tuesday to make sprawling changes to the state’s tax laws and also to make it easier for lawmakers to incrementally lower the state’s income tax rate in …

Read Full Article
lpm.orglpm.org
Lean Left

Kentucky GOP quickly pushes through big changes to state tax cut triggers, incentives

(Joe Sonka / KPR)Kentucky’s Republican supermajority slid a last-minute massive tax overhaul into a bill before it cleared a committee, and hours before it passed the House chamber Tuesday. The most significant change in the bill would make it easier to hit annual budget triggers for income tax cuts.House Bill 775 was previously a four-page bill allowing Louisville to create a small tax increment financing district, or TIF, within an existing la…

Read Full Article
The Bottom LineThe Bottom Line

House Passes Revenue Measure, Including Income Tax Changes - The Bottom Line

On Tuesday, the Kentucky House passed House Bill 775, making several revenue changes related to tourism and economic development. However, a key provision would create more flexibility in the legislature’s approach to reducing individual income taxes. If adopted by the full General Assembly, House Bill 775 would give lawmakers the option to adopt incremental tax rate reductions under certain circumstances. Coining the measure as “micro-reduction…

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Left
100% Left
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

lpm.org broke the news in on Tuesday, March 11, 2025.
Sources are mostly out of (0)

Similar News Topics

Republican Party

Republican Party

Tourism

Tourism

Frankfort, Kentucky

Frankfort, Kentucky

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.

News
For You
SearchBlindspotLocal