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 · March 2, 2026

To Appropriations & Revenue (H)

Introduced February 23, 2026

House

Adjourned Sine Die

2026 Regular Session

HB694

AN ACT relating to an income tax credit for qualified employers.

Create a new section of KRS Chapter 141 to define terms; establish a nonrefundable income tax credit for an employer that hires an eligible employee who holds a certificate of employability; provide that the credit is equal to the amount of wages paid to the eligible employee subject to certain limitations; amend KRS 141.0205 to order the credit; amend KRS 131.190 to allow the Department of Revenue to report on the credit.

Corrections and Correctional Facilities, State Education, Higher Education, Vocational Taxation Taxation, Income--Corporate Taxation, Income--Individual

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This bill would create a new tax credit for Kentucky employers who hire workers holding a "certificate of employability," which is a credential that appears connected to vocational or correctional education programs. The credit would be nonrefundable and based on the amount of wages paid to those workers, up to certain limits. It is intended to encourage employers to hire people who have earned this certificate. Who it may affect: employers considering hiring workers with a certificate of employability, and individuals who have earned such a certificate through vocational or correctional education programs.

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