AN ACT relating to a tax credit for qualified home modifications.

Create a new section of KRS Chapter 141 to establish the qualified home modification credit against the tax imposed in KRS 141.020; amend KRS 141.0205 to order the credit; amend KRS 131.190 to allow the Department of Revenue to report on the credit.

Introduced: February 6, 2025

Last action: February 12, 2025

To Appropriations & Revenue (H)

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This bill would create a new state income tax credit for homeowners who make qualifying modifications to their homes. It also directs the Department of Revenue to report on how the credit is used. Who it may affect: Kentucky homeowners who make modifications to their property and may claim a state income tax credit as a result.

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