· KY legislature · 2026RS

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

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…

Sponsor

J.T. Payne (R-KY)

Introduced

2026-03-03

Policy area

Taxation

Latest action

to Appropriations & Revenue (H)