HB 835

Kentucky House of Representatives bill in Session 26RS.

Status: in_committee. Latest action: March 10, 2026.

AN ACT relating to the New Markets Development Program tax credit.

Bill ID KY-26RS-HB-835
Session 26RS
Status in_committee
Committee Appropriations & Revenue
House of Representatives in_committee 2026-03-10
Tax / Budget / Appropriations
Summary

Amend KRS 141.433 to allow amounts received as repayment on a qualified low-income community investment and reinvested in another qualified low-income community investment during the same calendar year to be considered continuously held; amend KRS 141.434 to increase the cap on total New Markets Development Program tax credits from $10 million to $20 million in each fiscal year.

Sponsor
J.T. Payne
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-03-03 Introduced Bill introduced
2026-03-10 Status in_committee
2026-03-10 Latest Action 03/10/26: to Appropriations & Revenue (H)
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