Budget & Taxes

in committee · Kentucky · House Jan 14, 2026

HB 115: AN ACT relating to sales and use tax exemptions for menstrual discharge collection devices.

Amend KRS 139.010, relating to the sales and use taxes, to define "menstrual discharge collection devices"; amend KRS 139.480 to exempt from sales and use tax the sale or purchase of menstrual discharge collection devices; apply to sales or purchases made on or after August 1, 2026, but before August 1, 2030; require the Department of Revenue to report annually to the Interim Joint Committee on Appropriations and Revenue the total exemptions claimed for the previous fiscal year; amend KRS 131.190 to allow the Department of Revenue to report to the Legislative Research Commission.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts menstrual products from sales tax, providing tax relief for lower-income individuals, aligning with supportive fiscal policy indicators.95% confidence

Sub-Topics Sales Tax

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in committee · Kentucky · House Jan 13, 2026

HB 27: AN ACT relating to contributions made to a Kentucky Saves account.

Amend KRS 141.019 to establish an individual income tax exclusion for amounts contributed to a Kentucky Saves account for taxable years beginning on or after January 1, 2027, but before January 1, 2031; create a new section of KRS Chapter 141 to establish the parameters for the Kentucky Saves exclusion and to establish the Kentucky Saves tax credit; define terms; require the Department of Revenue to report annually on the exclusion and tax credit; amend KRS 141.0205 to provide ordering of the tax credit; amend KRS 131.190 to allow the Department of Revenue to report on the exclusion and tax credit.

Topics ✓ Budget & TaxesSupports Budget & TaxesEstablishes tax exclusion for savings contributions, reducing taxable income and providing tax relief per bill's tax exclusion provision.95% confidence

Sub-Topics Income Tax Tax Credits

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in committee · Kentucky · House Jan 16, 2026

HB 304: AN ACT relating to appropriations measures providing funding and establishing conditions for the operations, maintenance, support, and functioning of the government of the Commonwealth of Kentucky and its various officers, cabinets, departments, boards, commissions, institutions, subdivisions, agencies, and other state-supported activities.

The Governor's recommended State/Executive Branch Budget: Detail Part I, Operating Budget; detail Part II, Capital Projects Budget; detail Part III, General Provisions; detail Part IV, State Salary/Compensation, Benefit, and Employment Policy; detail Part V, Funds Transfer; detail Part VI, General Fund Budget Reduction Plan; detail Part VII, General Fund Surplus Expenditure Plan; detail Part VIII, Road Fund Budget Reduction Plan; detail Part IX, Road Fund Surplus Expenditure Plan; detail Part X, Phase I Tobacco Settlement; and detail Part XI, Executive Branch Budget Summary; detail Part XII, Appropriations from the Budget Reserve Trust Fund; APPROPRIATION.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill details Governor's recommended state budget allocation for operations, capital projects, and fiscal management without cuts or tax changes, directly advancing budget administration and funding mechanisms.95% confidence ✗ TransportationOpposes TransportationBill explicitly includes 'Road Fund Budget Reduction Plan' (Part VIII), indicating defunding of transportation infrastructure projects.90% confidence

Sub-Topics Appropriations Government Spending State Budget Roads & Highways

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in committee · Kentucky · House Jan 14, 2026

HB 131: AN ACT relating to a tax credit for Kentucky Educational Savings Plan Trust account contributions.

Create a new section of KRS Chapter 141 to establish a nonrefundable credit against the tax imposed under KRS 141.020 for qualifying contributions made to a Kentucky Educational Savings Plan trust account in accordance with the guidelines in 26 U.S.C. sec. 529; for taxable years beginning on or after January 1, 2027, but before January 1, 2031; amend KRS 141.0205 to provide the ordering of the tax credit; amend KRS 131.190 to allow the department to report on the credit.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates nonrefundable tax credit for 529 plan contributions, reducing taxable income for education savings, aligning with tax relief indicators.85% confidence ✓ EducationSupports EducationProvides tax credit for 529 savings plans, incentivizing higher education savings and expanding access to postsecondary funding through tax incentives.90% confidence

Sub-Topics Tax Credits

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in committee · Kentucky · House Jan 22, 2026

HB 384: AN ACT relating to road fund receipts and declaring an emergency.

Amend KRS 177.320 and 177.365, relating to the allocation of a portion of motor fuel tax revenue to county road aid funds and municipal road aid funds, to change the revenue-sharing formula on the portion of revenue available for revenue sharing that exceeds $775 million in any fiscal year from 18.3% for counties and 7.7% for cities to 13% for each fund; make technical corrections; amend KRS 176.241, 178.010, 179.010, and 189.503 to conform; EMERGENCY.

Topics ✓ Budget & TaxesSupports Budget & TaxesModifies motor fuel tax revenue allocation formula for road funds, directly managing budget distribution per subjects listed.95% confidence ✓ TransportationSupports TransportationAmends allocation of motor fuel tax revenue to road aid funds, increasing city share and maintaining county funding for highway infrastructure.95% confidence

Sub-Topics Revenue Roads & Highways Transportation Funding

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in committee · Kentucky · House Jan 29, 2026

HB 463: AN ACT relating to fiscal responsibility in education technology planning.

Amend KRS 156.660 to define terms; create a new section of KRS Chapter 156 to require the Kentucky Department of Education to develop a model education technology fiscal policy; state requirements of policy; require the Kentucky Board of Education to promulgate administrative regulations to require local school districts to adopt a model education technology fiscal policy; require local school districts and the Kentucky Department of Education to annually report on technology status for the prior school year; amend KRS 156.670 to move the responsibilities of the Council for Education Technology to the Kentucky Department of Education; amend KRS 156.160, KRS 157.615, 157.660, and 157.655 to conform.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires development of education technology fiscal policy and annual reporting, promoting fiscal responsibility in budget management for schools.90% confidence

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passed · Kentucky · Senate Mar 12, 2026

SB 6: AN ACT relating to the endowed research fund, making an appropriation therefor, and declaring an emergency.

SB 6 appropriates $150 million from Kentucky's General Fund for the state's endowed research fund during the 2026-2027 budget year. The funds must be evenly distributed across five university research consortium accounts established under Kentucky law, with unspent money carried forward to future years to avoid lapsing. This bill directly supports Kentucky's public universities and their research initiatives by providing dedicated, long-term funding. The legislation declares an emergency to allow immediate implementation upon passage, emphasizing its focus on advancing research and economic opportunities.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill appropriates $150M from General Fund to university research fund, directly funding public education through dedicated budget allocation.90% confidence ✓ EducationSupports EducationSB 6 appropriates $150M to Kentucky's university research fund, directly funding higher education research initiatives and infrastructure per legislative intent.95% confidence

Sub-Topics Appropriations State Budget Higher Education

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passed · Kentucky · Senate Feb 3, 2026

SB 3: AN ACT relating to school district finances.

Create a new section of KRS Chapter 160 to establish the calendar and procedures for a district superintendent and local board of education to adopt a school district budget; require that a budget must include a reserve of not less than 2%; amend KRS 160.431 to require the annual financial report and the Kentucky Department of Education's written report be published on the district financial disclosure website; amend KRS 160.463 to require a school district to maintain a district financial disclosure website; identify the information that shall be published on the website; amend KRS 157.440, 160.390, 160.460, 160.470, 160.473, 160.530, 160.550, and 424.250 to conform; require districts to publish the most recent information available on the district financial disclosure website upon the effective date of the Act.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires 2% budget reserve and financial transparency, promoting fiscal responsibility in school district budgeting per KRS amendments.95% confidence

Sub-Topics State Budget

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in committee · Kentucky · House Jan 23, 2026

HB 406: AN ACT relating to a supplemental payment for recipients of a monthly retirement allowance from the systems administered by the Kentucky Public Pensions Authority, making an appropriation therefor, and declaring an emergency.

Appropriate $96 million from the Kentucky Permanent Pension Fund in fiscal year 2026-2027 to the Kentucky Public Pensions Authority to fund 1-time supplemental payments on July 1, 2026, to recipients of a retirement allowance who have been retired for at least 12 months from the Kentucky Employees Retirement System (KERS) and the State Police Retirement System (SPRS); allow the Board of Trustees of the County Employees Retirement System to, by board decision, provide a one-time supplemental payment to recipients of a retirement allowance who have been retired at least 12 months by increasing employer contribution rates over a one-year or two-year period; specify that the 1-time supplemental payment shall be equal to the monthly payment received by the recipient in the month of June 2026; APPROPRIATION; EMERGENCY.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $96M from pension fund for retirement supplements, directly funding a specific budget allocation for essential retiree benefits.95% confidence

Sub-Topics Appropriations Pensions

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in committee · Kentucky · House Jan 14, 2026

HB 114: AN ACT relating to sales and use tax exemptions for baby and personal care products.

Amend KRS 139.010, relating to the sales and use taxes, to define terms; amend KRS 139.480 to exempt from sales and use tax the sale or purchase of baby bottles, baby wipes, breast pumps, breast pump collection and storage supplies, breast pump kits, diapers, incontinence products, and menstrual discharge collection devices; apply to sales or purchases made on or after August 1, 2026, but before August 1, 2030; require the Department of Revenue to report annually to the Interim Joint Committee on Appropriations and Revenue the total exemptions claimed for the previous fiscal year; amend KRS 131.190 to allow the Department of Revenue to report to the Legislative Research Commission.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts essential baby/personal care products from sales tax, providing tax relief for families. Aligns with support indicators for middle-income tax relief.95% confidence

Sub-Topics Sales Tax

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