Introduced

Passed House

Passed Senate

Became law

Adjourned sine die. The bill was pending when the session ended, so it did not pass.

Last action · January 20, 2026

To Small Business & Information Technology (H)

Introduced January 12, 2026

House

Adjourned Sine Die

2026 Regular Session

HB325

AN ACT relating to economic development incentives.

Amend KRS 141.396, relating to the angel investor tax credit, to remove language relating to employee demographics for qualified small businesses from information required; amend KRS 154.20-234, relating to the Angel Investor Program, to remove language relating to employee demographics for qualified small businesses from information required; amend KRS 154.20-240 and 154.20-254 to conform.

Economic Development Small Business Taxation, Income--Corporate Taxation, Income--Individual

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This bill changes what information small businesses must provide when applying for Kentucky's Angel Investor Program, which offers tax credits to people who invest in small startups. Specifically, it removes the requirement to report employee demographic data as part of the application process. Businesses seeking this type of investment support would face fewer reporting requirements under this change. Who it may affect: small business owners applying for angel investor tax credits and individuals investing in Kentucky startups.

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