KY SB241

Amends KRS 141.019 to allow Kentucky individual taxpayers to deduct professional membership dues from adjusted gross income for tax years beginning January 1, 2027 through December 31, 2030

"Professional membership dues" defined as dues, fees, assessments, or other charges required to maintain a professional license or association membership related to employment, but only if not already deducted under IRC Section 162

Requires the Department of Revenue to report annually by November 1 to the Interim Joint Committee on Appropriations and Revenue on the number of returns claiming the deduction, total deductions claimed, reduced tax liability, and breakdowns by $5,000 adjusted gross income ranges

Reporting data on this deduction is explicitly excluded from confidential taxpayer information protections under KRS Chapter 131