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KY HB640

Bill

Official Source

Status

Introduced

2/12/2026

Primary Sponsor

Jason Petrie

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Amends KRS 131.170 to remove "of Revenue" from references to the department, a technical cleanup to statutory language
  • Authorizes the department to grant reasonable extensions for filing tax reports or returns when good cause exists
  • Limits extensions to 6 months maximum, except for taxpayers abroad who may receive up to 1 year
  • Requires interest at the tax interest rate on any tax payments postponed due to an extension
  • Permits the department to require a bond covering potential tax and penalties as a condition of granting an extension

Legislative Description

AN ACT relating to taxation.

State Agencies

Last Action

returned to Appropriations & Revenue (H)

3/13/2026

Committee Referrals

Appropriations and Revenue2/20/2026
Committee On Committees2/12/2026

Full Bill Text

No bill text available