2025 Regular SessionKentucky Legislature

HB192: AN ACT relating to income taxation of military pensions.

Legislative Summary

Amend KRS 141.019 to exclude all distributions from military pension plans received by retired members of the United States military and National Guard and their surviving spouse or former spouse under a survivor benefit plan from income taxation for taxable years beginning on or after January 1, 2026, but before January 1, 2030; require reporting by the Department of Revenue; amend KRS 131.190 to conform.

Demographic Impact

Overall analysis of equity impact

90% Positive
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Bill History

1/9/2025
introduced in House
House of Representatives
1/9/2025
to Committee on Committees (H)
House of Representatives
2/4/2025
to Appropriations & Revenue (H)
House of Representatives

Status Information

Current Status
Introduced(1/9/2025)
Chamber
House of Representatives
Committee
Appropriations and Revenue(House of Representatives)

Documents

Introduced
Bill Text1/1/197052.3 KB