2025 Regular SessionKentucky Legislature

HB151: AN ACT relating to a tax credit for volunteer firefighters.

Legislative Summary

Create a new section of KRS Chapter 141 to establish a refundable income tax credit for certain volunteer firefighters; declare the purpose of the credit; require annual reporting to the Legislative Research Commission and the Interim Joint Committee on Appropriations and Revenue to evaluate the impact of the credit; amend KRS 141.0205 to provide the ordering of the credit; amend KRS 131.190 to allow confidential tax return information to be shared with the Legislative Research Commission and Interim Joint Committee on Appropriations and Revenue.

Demographic Impact

Overall analysis of equity impact

80% Positive
High ConfidenceView detailed demographic breakdown ↓

Unlock Full Demographic Insights

Go beyond the overall score.

Gain a deeper understanding of this bill's potential impact across diverse communities, including detailed breakdowns by category and subgroup. Access to this granular analysis helps ensure equitable outcomes.

Enable full analysis features for your organization.

Contact Sales to Learn More

Or email us directly at sales@legiequity.us.

Bill History

1/8/2025
introduced in House
House of Representatives
1/8/2025
to Committee on Committees (H)
House of Representatives
2/4/2025
to Appropriations & Revenue (H)
House of Representatives

Status Information

Current Status
Introduced(1/8/2025)
Chamber
House of Representatives
Committee
Appropriations and Revenue(House of Representatives)

Documents

Introduced
Bill Text1/1/197053.3 KB