KY House Passes Tax Plan - WNKY.com | SoKY Community, Events, Weather

WNKY News

KY House Passes Tax Plan

Posted: Updated:
Frankfort, KY -

Late last night in Frankfort, Kentucky Lawmakers approved a 480 million dollar tax increase to help balance the state budget.

The Kentucky House of Representatives approved the tax plan by a vote of 51 to 44. Nine republicans joined the democrats in opposing the measure. The plan would cut income taxes on individuals and businesses while imposing new taxes on services like auto and home repairs. It would also increase the cigarette tax by 50 cents per pack.

Republican Governor Matt Bevin has indicated he opposes the bill. But by passing the bill Monday, lawmakers preserved their right to override a veto.
 

Powered by Frankly

325 Emmett Ave
Bowling Green, KY 42101

General Phone: 270-781- 2140

Can't find something?
Powered by WorldNow
All content ┬ęCopyright 2000 - 2017 WNKY. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.