Kentucky House votes to reduce the individual income tax rate, a …
21 hours ago · The Kentucky House voted Thursday to reduce the state’s individual income tax rate, as Republicans delivered on a top priority just three days into this year’s 30-day legislative session.. The measure aims to lower the tax to 3.5% from 4% at the start of 2026, continuing a downward trend in the personal income tax rate since Republicans gained full control of the legislature in 2017.
Kentucky House votes 90-7 to lower state’s individual income tax …
20 hours ago · The Kentucky House voted 90-7 to lower the state’s individual income tax rate on Thursday. The Kentucky House voted 90-7 to lower the state’s individual income tax rate on Thursday.
Kentucky House Votes to Reduce the Individual Income Tax Rate, …
21 hours ago · The measure aims to lower the tax to 3.5% from 4% at the start of 2026, continuing a downward trend in the personal income tax rate since Republicans gained full control of the legislature in 2017.
Income tax cut clears House by wide margin | News
23 hours ago · FRANKFORT, Ky. (KT) – Legislation that would cut the state’s income tax rate from four percent to 3.5 percent effective January 1, 2026, has become the first piece of legislation to clear one of the chambers during the 2025 legislative session, winning approval by a wide margin. The measure ...
Kentucky General Assembly 2025 bill to cut income tax, HB 1, …
22 hours ago · In a 90-7 vote Thursday afternoon, HB 1, which would lower Kentucky's state income tax from 4% to 3.5%, advanced through the House. It was received in the Senate later that day, with expectations ...
Bill to lower Kentucky’s income tax again clears first hurdle - Yahoo
22 hours ago · LATEST KENTUCKY NEWS: ... Leaders in Kentucky’s General Assembly aim to eliminate the state income tax. Three years ago, they passed House Bill 8, a formula of financial triggers that, when met ...
Income tax cut expected to be a top priority as Kentucky …
3 days ago · Kentucky’s Republican-dominated legislature convened Tuesday to start a 30-day session expected to include action to reduce the state’s individual income tax rate. GOP lawmakers also will resume efforts to curb diversity, equity …
Kentucky meets conditions for lawmakers to cut income tax in …
Aug 22, 2024 · FRANKFORT, Ky. (AP) — Kentucky has met the financial conditions needed to set in motion another cut in the state’s personal income tax rate that could take effect in 2026, top Republican lawmakers said Wednesday.
Kentucky legislature to move quickly on cutting state income tax
2 days ago · News Sports Kentucky Derby ... which would cut the state income tax from 4% to 3.5%, is the party's No. 1 priority. ... The half-point reduction was initially approved in 2022 as part of a bill ...
Kentucky on track to see income tax reduction in 2026 - Spectrum News
Aug 21, 2024 · FRANKFORT, Ky. — Kentucky is on track to meet the conditions to reduce its income tax rate from 4% to 3.5%, effective Jan. 2026. After hours of debate, lawmakers passed House Bill 8 in 2022. The measure established yearly reductions on the state's income tax by .5% provided certain conditions are met until it is eliminated.