Kentucky HB 117: AN ACT relating to the unemployment tax credit. Amend KRS 141.065 to allow an income tax credit for taxable years beginning on or after January 1, 2017, but before January 1, 2021, equal to $1,000 for employers who hire certain unemployed individuals, if the individual was employed in the coal industry immediately prior to becoming unemployed; limit the current unemployment tax credit to taxable years beginning before January 1, 2021; define the purpose of the tax credits and data required to determine if the tax credits achieve the purpose; require the Department of Revenue to provide information on these credits to the Legislative Research Commission; amend KRS 141.0205 to order the credit; amend KRS 131.190, 131.135, 131.618, 131.650, 131.990, 141.389, and 131.020 to make various conforming changes.

Status: To Appropriations & Revenue (H) (as of 2017-01-06)

State: Kentucky · Session: 2017RS · Bill: HB 117

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