Bill > HB13

This bill addresses tax filing and payment extensions for Kentucky taxpayers in response to a major disaster declaration (FEMA-4860-DR-KY). Specifically, the bill allows the Kentucky Department of Revenue to accept extended filing and payment deadlines for income tax returns without imposing penalties, following an Internal Revenue Service federal deadline extension. The United States Department of the Treasury has issued notices enabling citizens and businesses across Kentucky to extend their tax return filings and tax payments until November 3, 2025. The bill recognizes the critical nature of taxpayer relief during this emergency and provides flexibility for individuals and businesses affected by the disaster. The legislation takes effect immediately upon passage or approval by the Governor, reflecting the urgent need to support taxpayers during challenging circumstances. By aligning with federal disaster relief guidelines, the bill aims to provide financial relief and administrative flexibility to Kentucky taxpayers facing extraordinary challenges.

Budget and Finance

https://apps.legislature.ky.gov/record/25RS/hb13.html