Tax Reform

House Bill Number: 
263

House Bill 263 will make Kentucky's tax system more fair, adequate and sustainable with a broad variety of reforms. It will raise millions of dollars annually in new revenue when fully implemented, mostly from income and transactions that currently go untaxed. Lower-income working folks will pay less in taxes, largely due to a 15% refundable Earned Income Tax Credit.

Bill Sponsor(s): 
Rep. Jim Wayne + 11 cosponsors

KFTC's platform supports creating a just economy that sustains communities, families and individuals, and establishing an equitable, fair and progressive tax structure.

KFTC's HB 263 Handout.

KFTC's Position: 
KFTC Supports