Governor Andy Beshear signs HB1 into law, officially reducing Kentucky’s income tax rate
BOWLING GREEN, Ky. – Governor Andy Beshear has signed House Bill One into law, officially reducing the income tax rate in Kentucky from 4% to 3.5%. He addressed the signing of this bill during his Team Kentucky update Thursday, where he explained why he decided to sign it. The governor says the economy in the commonwealth is booming and the…