Bill
Bill > HB452
summary
Introduced
01/21/2026
01/21/2026
In Committee
01/29/2026
01/29/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Amend KRS 141.010 to define "qualified tips" and "qualified overtime compensation"; amend KRS 141.019 to allow the same treatment of qualified tips in accordance with 26 U.S.C. sec. 224 and qualified overtime compensation in accordance with 26 U.S.C. sec. 225; RETROACTIVE; EMERGENCY.
AI Summary
This bill amends Kentucky Revised Statutes (KRS) 141.010 and 141.019 to define "qualified tips" and "qualified overtime compensation" and to allow these to be treated similarly to how they are treated for federal income tax purposes under specific sections of the U.S. Internal Revenue Code (26 U.S.C. sec. 224 and 26 U.S.C. sec. 225, respectively). This change is retroactive, meaning it applies to past tax years, and is declared an emergency, meaning it will take effect immediately upon passage to ensure timely tax processing.
Committee Categories
Budget and Finance
Sponsors (11)
Patrick Flannery (R)*,
Deanna Frazier Gordon (R),
Al Gentry (D),
Peyton Griffee (R),
Vanessa Grossl (R),
John Hodgson (R),
Thomas Huff (R),
T.J. Roberts (R),
Scott Sharp (R),
Mitchum Whitaker (R),
Richard White (R),
Last Action
to Appropriations & Revenue (H) (on 01/29/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://apps.legislature.ky.gov/record/26RS/hb452.html |
| BillText | https://apps.legislature.ky.gov/recorddocuments/bill/26RS/hb452/orig_bill.pdf |
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