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 27, 2026

To Appropriations & Revenue (H)

Introduced January 16, 2026

House

Adjourned Sine Die

2026 Regular Session

HB426

AN ACT relating to a tax credit for renters.

Create a new section of KRS Chapter 141 to establish a refundable qualified rent payment credit for taxable years beginning on or after January 1, 2027, but before January 1, 2031, in the amount of 25% of the qualified rent payments made during the taxable year, not to exceed $1,000; amend KRS 141.0205 to order the credit; amend KRS 131.190 to allow reporting by the Department of Revenue.

Landlord and Tenant Reports Mandated Taxation Taxation, Income--Individual

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This bill would create a temporary tax credit for Kentucky renters, allowing them to claim 25% of their annual rent payments on their state income taxes, up to a maximum of $1,000. The credit would be refundable, meaning renters could receive money back even if they owe little or no state income tax. It would be available for tax years 2027 through 2030. Who it may affect: Kentucky residents who pay rent for housing.

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