SB 72 (BR 828) - J. Pendleton, E. Worley, W. Blevins Jr, D. Boswell, J. Carroll, D. Harper Angel, R. Jones II, D. Mongiardo, G. Neal, R. Palmer II, J. Rhoads, J. Ridley, E. Scorsone, T. Shaughnessy, J. Turner
AN ACT relating to individual income tax.
Amend KRS 141.010 to exclude from the definition of "adjusted gross income" all compensation received by an individual for active duty in the United States Armed Forces, including compensation received by members of the National Guard or Reserve called to active duty; provide that the exclusion applies for tax years beginning after December 31, 2004.
Feb 1-introduced in Senate
Feb 3-to Appropriations and Revenue (S)