Introduced

Passed Senate

Passed House

Became law

Adjourned sine die. The bill was pending when the session ended, so it did not pass.

Last action · February 26, 2026

To Committee On Committees (S)

Introduced February 26, 2026

Senate

Adjourned Sine Die

2026 Regular Session

SB255

AN ACT relating to rural revitalization.

Create new sections of KRS Chapter 65 to provide incremental revenue tax incentives to the Rural Kentucky Revitalization Opportunity Partnership; define terms; state findings; establish the Rural Kentucky Revitalization Opportunity Partnership Board; establish incentive program; create an income tax credit for certain residents; amend KRS 141.0205 to order the credit; amend KRS 131.190 to allow reporting by the Department of Revenue.

Cities Counties Economic Development Local Government Reports Mandated Taxation Taxation, Income--Corporate Taxation, Income--Individual Budget and Financial Administration

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This bill would create a new program called the Rural Kentucky Revitalization Opportunity Partnership, offering tax incentives to encourage economic development in rural areas of the state. It would establish a governing board to oversee the program and create an income tax credit available to certain residents who participate. The goal is to bring new investment and growth to rural Kentucky communities. Who it may affect: rural Kentucky residents, local governments in rural areas, and businesses considering investment in those communities.

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