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KY HB546

Bill

Status

Introduced

2/3/2026

Primary Sponsor

Jason Petrie

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Amends KRS 131.150 to add gender-neutral language ("or her") throughout the statute regarding tax collection authority
  • Department of Revenue may immediately assess and collect taxes when a taxpayer withdraws from the state, conceals assets, ceases taxable activity, becomes domiciled elsewhere, or acts to evade tax collection
  • Establishes a minimum $100 penalty for failure to file a required tax return, applicable even if no tax is owed or a refund results, unless the taxpayer demonstrates reasonable cause
  • Taxpayers may stay legal proceedings by filing a bond sufficient to cover taxes, penalties, interest, and costs; exceptions to tentative assessments must be filed per KRS 131.110 procedures
  • Department may require taxpayers to immediately file required reports or additional information necessary to assess property or determine tax liability

Legislative Description

AN ACT relating to taxation.

Technical Corrections

Last Action

returned to Appropriations & Revenue (H)

3/13/2026

Committee Referrals

Appropriations and Revenue2/10/2026
Committee On Committees2/3/2026

Full Bill Text

No bill text available