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2026 Regular Session

HB462

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AN ACT relating to tax increment financing.

Amend KRS 154.30-010 to remove the sunset date in the definition of "modified new revenues for income tax" to make it permanent.

Introduced: January 21, 2026

Last action: January 29, 2026

To Appropriations & Revenue (H)
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This bill would make a permanent change to how certain tax revenue is defined under Kentucky's tax increment financing program, removing a previously set expiration date. Tax increment financing is a tool used to fund development projects by capturing increases in tax revenue from an area. Without this change, the current definition would expire on a set date. Who it may affect: communities and developers involved in tax increment financing projects across Kentucky.

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Bill Text Versions

Introduced (original)

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Legislative History

Jan 21, 2026 · House
Introduced In House
Jan 21, 2026 · House
To Committee On Committees (H)
Jan 29, 2026 · House
To Appropriations & Revenue (H)

Primary Sponsor

Portrait of Robert Duvall
Robert Duvall

Representative · House District 017

Primary sponsor
robert.duvall@kylegislature.gov
BallotpediaOfficial profile

Co-sponsors (3)

Portrait of Kevin Jackson
Kevin Jackson

Representative · House District 020

Co-sponsor
kevin.jackson@kylegislature.gov
Portrait of Matthew Lehman
Matthew Lehman

Representative · House District 067

Co-sponsor
matt.lehman@kylegislature.gov
Portrait of Shawn McPherson
Shawn McPherson

Representative · House District 022

Co-sponsor
Shawn.McPherson@kylegislature.gov

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