In Committee
2026 Regular Session

SB255

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AN ACT relating to rural revitalization.

Create new sections of KRS Chapter 65 to provide incremental revenue tax incentives to the Rural Kentucky Revitalization Opportunity Partnership; define terms; state findings; establish the Rural Kentucky Revitalization Opportunity Partnership Board; establish incentive program; create an income tax credit for certain residents; amend KRS 141.0205 to order the credit; amend KRS 131.190 to allow reporting by the Department of Revenue.

CitiesCountiesEconomic DevelopmentLocal GovernmentReports MandatedTaxationTaxation, Income--CorporateTaxation, Income--IndividualBudget and Financial Administration

Introduced: February 26, 2026

Last action: February 26, 2026

To Committee On Committees (S)
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Legislative History

Feb 26, 2026 · Senate
Introduced In Senate
Feb 26, 2026 · Senate
To Committee On Committees (S)

Primary Sponsor

Portrait of Stephen Meredith
Stephen Meredith

Senator · Senate District 05

Primary sponsor
Stephen.Meredith@kylegislature.gov
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