House
Adjourned Sine Die
2025 Regular Session

HB146

Log in to follow

AN ACT relating to the taxation of retirement distributions.

Amend KRS 141.019 to increase the retirement distribution exclusion from $31,110 to $41,110 for taxable years beginning on or after January 1, 2026.

Introduced: January 8, 2025

Last action: February 4, 2025

To Appropriations & Revenue (H)
Read the full textKentucky LegislatureLegiScan
AI-generated — always verify with primary sources
Plain-language summary
Beta

This bill would raise the amount of retirement income that Kentuckians can exclude from state income taxes. Starting in 2026, the first $41,110 of retirement distributions would be tax-free at the state level, up from the current $31,110 limit. Who it may affect: Kentuckians who receive retirement distributions, such as retirees drawing from pensions, 401(k)s, or similar accounts.

Open official bill text (PDF)·Report a problem with the summary

Legislative History

Jan 8, 2025 · House
Introduced In House
Jan 8, 2025 · House
To Committee On Committees (H)
Feb 4, 2025 · House
To Appropriations & Revenue (H)

Primary Sponsor

Portrait of Ashley Tackett Laferty
Ashley Tackett Laferty

Representative · House District 095

Primary sponsor
Ashley.TackettLaferty@kylegislature.gov
BallotpediaOfficial profile

Co-sponsors (13)

Portrait of Erika Hancock
Erika Hancock

Representative · House District 057

Co-sponsor
erika.hancock@kylegislature.gov
Portrait of Chad Aull
Chad Aull

Representative · House District 079

Co-sponsor
chad.aull@kylegislature.gov
Portrait of George Brown
George Brown

Representative · House District 077

Co-sponsor
George.Brown@kylegislature.gov
Portrait of Adrielle Camuel
Adrielle Camuel

Representative · House District 093

Co-sponsor
Adrielle.Camuel@kylegislature.gov
Portrait of Beverly Chester-Burton
Beverly Chester-Burton

Representative · House District 044

Co-sponsor
beverly.chesterburton@kylegislature.gov
Portrait of Alan Gentry
Alan Gentry

Representative · House District 046

Co-sponsor
Al.Gentry@kylegislature.gov
Portrait of Vanessa Grossl
Vanessa Grossl

Representative · House District 088

Co-sponsor
vanessa.grossl@kylegislature.gov
Portrait of Mark Hart
Mark Hart

Representative · House District 078

Co-sponsor
Mark.Hart@kylegislature.gov
Portrait of Kimberly Holloway
Kimberly Holloway

Representative · House District 002

Co-sponsor
kim.holloway@kylegislature.gov
Portrait of Matt Lockett
Matt Lockett

Representative · House District 039

Co-sponsor
Matt.Lockett@kylegislature.gov
Portrait of Adam Moore
Adam Moore

Representative · House District 045

Co-sponsor
adam.moore@kylegislature.gov
Portrait of Sarah Stalker
Sarah Stalker

Representative · House District 034

Co-sponsor
sarah.stalker@kylegislature.gov
Portrait of Richard White
Richard White

Representative · House District 099

Co-sponsor
Richard.White@kylegislature.gov

Bill Text Versions

Introduced (original)

Most current
Read

Something wrong on this page? Tell us