AN ACT relating to veterans' income taxation.
Summary of Original Version
Create a new section of KRS Chapter 141 to establish a deduction of the first year's income for veterans who remain or move into this state immediately upon exit from the Armed Forces and maintain residency in this state for a minimum of three consecutive years thereafter; amend KRS 141.019 to allow for the deduction; amend KRS 131.190 to allow reporting of the deduction by the Department of Revenue to the Legislative Research Commission.
Introduced .pdf (48.14 KB)
Index Headings of Original Version
- Prefiled by the sponsor(s).
- introduced in House