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.

Introduced: January 12, 2026

Last action: January 20, 2026

To Small Business & Information Technology (H)

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This bill makes changes to Kentucky's Angel Investor Program, which provides tax credits to people who invest in small businesses. Specifically, it removes the requirement that qualified small businesses report employee demographic information as part of the program's application or reporting process. Who it may affect: small business owners seeking angel investment tax credits and investors participating in the Angel Investor Program.

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