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 29, 2026

To Appropriations & Revenue (H)

Introduced January 21, 2026

House

Adjourned Sine Die

2026 Regular Session

HB451

AN ACT relating to the limited liability entity tax.

Amend KRS 141.0401 to exempt entities doing business in Kentucky with gross receipts of less than $100,000 from paying the limited liability entity tax for taxable years beginning on or after January 1, 2027.

Small Business Taxation Taxation, Income--Corporate

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This bill would exempt businesses operating in Kentucky from paying the limited liability entity tax if they bring in less than $100,000 in gross receipts. The change would take effect starting in the 2027 tax year. Who it may affect: small business owners operating as limited liability entities in Kentucky.

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