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Bill > HB688


KY HB688

KY HB688
AN ACT relating to the portion of income tax liability contributed to a political party.


summary

Introduced
02/20/2026
In Committee
02/27/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Amend KRS 141.071 and 141.072 to sunset the option to contribute to a political party from an individual's tax liability, effective for taxable years beginning January 1, 2026; amend KRS 121.180 and 121.230 to make conforming changes, repeal KRS 141.073, relating to rules and regulations for the administration of KRS 141.071 and 141.072.

AI Summary

This bill will end the option for individuals to contribute a portion of their income tax liability to a political party, effective for tax years beginning on or after January 1, 2026. It makes conforming changes to other related laws and repeals a section that dealt with the rules and regulations for administering this political party contribution option. The current system allows taxpayers to designate a small amount, such as two dollars, from their tax liability to a political party, with half going to the local party chapter and half to the state chapter. This bill effectively sunsets that provision, meaning it will no longer be available after the specified date.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

to Appropriations & Revenue (H) (on 02/27/2026)

bill text


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