2025 Regular Session • Kentucky Legislature
HB26: AN ACT relating to individual income tax exclusions.
Legislative Summary
Amend KRS 141.010 to define "tips" and "overtime compensation"; amend KRS 141.019 to allow an exclusion from gross income for tax purposes for tips and overtime compensation; amend KRS 141.335 to include tips and overtime compensation amounts on employee withholding statement; amend KRS 131.190 to allow the Department of Revenue to report on the exclusions.
Demographic Impact
Overall analysis of equity impact
90% Positive
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Bill History
1/7/2025
introduced in House
House of Representatives
1/7/2025
to Committee on Committees (H)
House of Representatives
2/4/2025
to Appropriations & Revenue (H)
House of Representatives
Status Information
Current Status
Introduced(1/7/2025)
Chamber
House of Representatives
Committee
Appropriations and Revenue(House of Representatives)
Sponsors
Republican: 11
Democrat: 1
Primary Sponsor
Patrick Flannery
Republican