Bill > HB207

This bill allows individuals to deduct "professional membership dues" and "union dues" from their gross income for Kentucky state income tax purposes for taxable years beginning on or after January 1, 2027, and before January 1, 2031. "Professional membership dues" are defined as the total amount of fees or expenses required to maintain a professional license or association membership related to one's employment. "Union dues" are defined as the total amount of fees or expenses required of private or public employees represented by a labor organization. The bill also requires the Department of Revenue to report annually to the Legislative Research Commission on the number of taxpayers claiming this deduction, the total amount of deductions claimed, and the resulting reduction in tax liability, broken down by income ranges. Additionally, the bill amends existing law to allow the Department of Revenue to share information about this specific tax exclusion with the Legislative Research Commission.

Budget and Finance

https://apps.legislature.ky.gov/record/26RS/hb207.html