HB 120 Kentucky House · 2024 Regular Session

AN ACT relating to the limited liability entity tax.

Summary
Amend KRS 141.0401 to prevent entities doing business in Kentucky with gross receipts of less than $100,000 from paying the limited liability entity tax for taxable years beginning on or after January 1, 2025.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 3, 2024 Last action Jan 18, 2024
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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
2
Jan 18, 2024
Committee
to Appropriations & Revenue (H)
lower
Jan 3, 2024
Committee
to Committee on Committees (H)
lower
Jan 3, 2024
Introduced
introduced in House
lower
2 primary · 0 co-sponsors

Sponsors