Legislative Update

legislative-update-2018

2018 General Assembly Recap

The most significant takeaway from this session could very likely be breaking the no-tax cycle and doing it with a Republican majority in both chambers and a Republican Governor. HB 487 makes changes in both corporate and individual income tax provisions, applies the sales tax to some services, and increases the cigarette tax. The bill was not a significant new revenue generator, but depending on what happens this election cycle, it will leave the door open for additional tax [...]

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legislative-update-2018

House Bill 366, April 2 – Regular Session (2018)

The Kentucky Association of Manufacturers (KAM) congratulates the Kentucky General Assembly for passage of HB 366, a significant tax reform package. KAM, as a non-partisan association, has strongly advocated a series of changes to our tax code for more than ten years that would make Kentucky more competitive in the national and global marketplaces. Continuous improvement is a foundational tenet of manufacturing. As makers of products used worldwide and creators of the jobs to make them, we believe that [...]

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legislative-update-2018

A Quick Update, March 28 – Regular Session (2018)

Our last weekly report on legislative activity noted that the General Assembly was scheduled to meet on March 27 and 28 for two concurrence days before recessing until April 12 and 13 for two veto override days. As is very often the case, the legislative leadership chose to alter the legislative calendar. By early afternoon on Tuesday, the announcement was made that the General Assembly would not be in session on the 28th, but would return to convene on [...]

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legislative-update-2018

What You Need To Know, March 19, 2018 – Regular Session (2018)

Crunch Time With only eight working days left in the 2018 legislative session, the most significant hurdle policymakers face is the dwindling amount of time remaining to address priority bills, including passage of the biennial state budget and road plan. On Friday, Senate President Robert Stivers alluded to the possibility that leaders may change the legislative calendar to address the priorities that remain. The current calendar calls for the legislature to meet through Thursday of this week, then return on [...]

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