House
Adjourned Sine Die
2026 Regular Session
HB451
Log in to followAN ACT relating to the limited liability entity tax.
Amend KRS 141.0401 to exempt 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, 2027.
Introduced: January 21, 2026
Last action: January 29, 2026
To Appropriations & Revenue (H)
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Plain-language summary
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This bill would create a tax exemption for certain businesses in Kentucky. Starting in 2027, limited liability entities — such as LLCs or similar business structures — that bring in less than $100,000 in gross receipts would no longer have to pay the limited liability entity tax. Who it may affect: small business owners operating as limited liability entities in Kentucky.
Bill Text Versions
Legislative History
Jan 21, 2026 · House
Introduced In House
Jan 21, 2026 · House
To Committee On Committees (H)
Jan 29, 2026 · House
To Appropriations & Revenue (H)
Primary Sponsor
Patrick.Flannery@kylegislature.gov