AN ACT relating to Kentucky promise zone tax incentives. Amend KRS 141.010 to exclude from the definition of "adjusted gross income" wages received by an employee from a qualified Kentucky promise zone employer; define "Kentucky promise zone," "qualified Kentucky promise zone employer," and "services performed in the Kentucky promise zone"; amend KRS 141.310 to exempt Kentucky promise zone employers from deducting and withholding individual income tax imposed under KRS 141.020 from an employee's wages; require reporting by Kentucky promise zone employers and the Department of Revenue; amend KRS 139.570 to allow qualified Kentucky promise zone employers located in the Kentucky promise zone to deduct an amount of compensation equal to 75 percent of the tax due, provided the amount due is not delinquent at the time of payment; require the Department of Revenue to report information to the Legislative Research Commission; amend KRS 131.190, 131.135, 131.618, 131.650, 131.990, 141.389, and 131.020 to conform.