PRIA Logo™
KentuckyHB 12025 Regular SessionHouseWALLET

AN ACT relating to the individual income tax rate.

Sponsored By: Jason Petrie (Republican)

Signed by Governor

Taxation, Income--IndividualFiscal NoteTaxation

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Free to download

Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Kentucky taxpayers get lower income taxes

Kentucky’s individual income tax rate falls from 4% for tax years beginning in 2024–2025 to 3.5% for tax years beginning January 1, 2026. For possible cuts starting in 2027, the state budget director reviews and reports on finances annually, first covering fiscal year 2024–2025. Each further cut is 0.5 percentage point toward zero, but the General Assembly must approve it before the tax department acts. Both financial tests must pass: year-end budget reserves must equal at least 10% of General Fund receipts, which exclude tobacco money. Those receipts must also cover that year’s approved spending plus an income-tax-based amount called the individual income tax equivalent.

Sponsors & Cosponsors

Sponsor

  • Jason Petrie

    Republican • House

Cosponsors

  • Adam Bowling

    Republican • House

  • Amy Neighbors

    Republican • House

  • Aaron Thompson

    Republican • House

  • Bobby McCool

    Republican • House

  • Chris Freeland

    Republican • House

  • Chris Fugate

    Republican • House

  • Chris Lewis

    Republican • House

  • Daniel Elliott

    Republican • House

  • Deanna Gordon

    Republican • House

  • David Hale

    Republican • House

  • David Meade

    Republican • House

  • David W. Osborne

    Republican • House

  • DJ Johnson

    Republican • House

  • Emily Callaway

    Republican • House

  • Jared Bauman

    Republican • House

  • Josh Branscum

    Republican • House

  • Josh Bray

    Republican • House

  • Jason Nemes

    Republican • House

  • J.T. Payne

    Republican • House

  • Kim Banta

    Republican • House

  • Ken Fleming

    Republican • House

  • Kevin Jackson

    Republican • House

  • Kim King

    Republican • House

  • Ken Upchurch

    Republican • House

  • Mike Clines

    Republican • House

  • Mark Hart

    Republican • House

  • Matthew Koch

    Republican • House

  • Matt Lockett

    Republican • House

  • Mitch Whitaker

    Republican • House

  • Patrick Flannery

    Republican • House

  • Randy Bridges

    Republican • House

  • Stephanie Dietz

    Republican • House

  • Samara Heavrin

    Republican • House

  • Shawn McPherson

    Republican • House

  • Suzanne Miles

    Republican • House

  • Steve Riley

    Republican • House

  • Steven Rudy

    Republican • House

  • Tony Hampton

    Republican • House

  • Thomas Huff

    Republican • House

  • T.J. Roberts

    Republican • House

  • Tom Smith

    Republican • House

  • Timmy Truett

    Republican • House

  • Vanessa Grossl

    Republican • House

  • William Lawrence

    Republican • House

  • Walker Thomas

    Republican • House

  • Wade Williams

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 124 • No: 10

Senate vote • 2/4/2025

passed

Yes: 34 • No: 3

House vote • 1/9/2025

passed

Yes: 90 • No: 7

Actions Timeline

  1. signed by Governor (Acts Ch. 1)

    2/6/2025

  2. delivered to Governor

    2/5/2025

  3. enrolled, signed by President of the Senate

    2/5/2025House

  4. enrolled, signed by Speaker of the House

    2/4/2025House

  5. received in House

    2/4/2025House

  6. passed 34-3

    2/4/2025Senate

  7. floor amendment withdrawn Floor Amendment (1)

    2/4/2025Senate

  8. 3rd reading

    2/4/2025Senate

  9. floor amendment (2) filed

    2/4/2025Senate

  10. posted for passage in the Regular Orders of the Day for Tuesday, February 04, 2025

    2/4/2025Senate

  11. reported favorably, to Rules

    2/4/2025Senate

  12. to Appropriations & Revenue (S)

    1/10/2025Senate

  13. returned to Committee on Committees (S)

    1/10/2025Senate

  14. 2nd reading

    1/10/2025Senate

  15. taken from Committee on Committees (S)

    1/10/2025Senate

  16. floor amendment (1) filed

    1/10/2025Senate

  17. returned to Committee on Committees (S)

    1/9/2025Senate

  18. 1st reading

    1/9/2025Senate

  19. taken from Committee on Committees (S)

    1/9/2025Senate

  20. to Committee on Committees (S)

    1/9/2025Senate

  21. received in Senate

    1/9/2025Senate

  22. passed 90-7

    1/9/2025House

  23. floor amendment (11) ruled not germane

    1/9/2025House

  24. floor amendment (5) ruled out of order

    1/9/2025House

  25. Floor Amendment (8) defeated

    1/9/2025House

Bill Text

  • Current

    1/9/2025

    PDF

  • Introduced

    1/9/2025

    PDF

Related Bills

Back to State Legislation