HB 835 Kentucky 2026RS session
AN ACT relating to the New Markets Development Program tax credit.
Amend KRS 141.433 to allow amounts received as repayment on a qualified low-income community investment and reinvested in another qualified low-income community investment during the same calendar year to be considered continuously held; amend KRS 141.434 to increase the cap on total New Markets Development Program tax credits from $10 million to $20 million in each fiscal year.
Status
- Introduced
- Committee
- Floor vote
- Passed
- Enacted
In committee — last recorded action March 10, 2026
to Appropriations & Revenue (H)
Passage likelihood
Not enough recorded signal to estimate this bill's chances.
State-level impact
State-level impact data is not available for this bill. The source text does not contain a per-state funding formula or scored breakdown, so no figures are shown.
Official actions
- to Appropriations & Revenue (H)
- to Committee on Committees (H)
- introduced in House