Senate approves bill to lower state income tax
The Kentucky Senate approved a bill yesterday that will lower the state income tax from 4 percent to 3.5 percent. House Bill 1 passed through the Senate yesterday by a 34-3 vote. If signed by […]
Stories tagged with: tax
State to begin accepting tax returns on Monday; state will pause operations for two weeks in February and March
The Kentucky Department of Revenue will begin accepting state individual income tax returns on Monday, and will begin processing returns the same day. This year, Kentuckians are encouraged to file early to avoid processing delays. […]
Branscum discusses state income tax decrease bill
Last week, the Kentucky House of Representatives passed House Bill 1, which would lower the state income tax from 4 percent to 3.5 percent. Representative Josh Branscum, a co-sponsor of the bill, was on Community […]
Tax reduction bill swiftly moving through legislature
The tax reduction bill, House Bill 1, has swiftly moved through the Kentucky Legislature this week. Keith West files this report with the latest actions on the bill. Lawmakers are scheduled to reconvene in Frankfort […]
First steps taken in Frankfort to lower state income tax
The state income tax could drop by another half-percent. The Kentucky House Appropriations and Revenue Committee started the process of reducing the state income tax from 4% to 3.5% yesterday by approving House Bill 1 […]
Last day to avoid property tax penalty is coming up
Those who haven’t paid their county property taxes and want to avoid the 5 percent penalty will need to make those payments soon. Russell County Sheriff Derek Polston is reminding county property owners that the […]
School board passes resolution opposing tax dollars to be used outside of public schools
The Russell County Board of Education passed a resolution at last night’s meeting opposing “any legislation or policy that would allocate state dollars to fund schools outside the common system of public schools…” While the […]
Jamestown council gives final approval on lower tax rate; approves purchase of tasers for JPD
The Jamestown City Council met last night, giving final approval to a lowering of the city’s tax rate. The council approved lowering the rate from 14.2 cents per $100 to 13.7 cents. The council also […]
Russell Springs tax bills to go out next week
Residents of the City of Russell Springs should soon receive their city tax bills in the mail. As we reported on local news yesterday, The Russell Springs City Council approved a slight decrease in the […]
Russell Springs lowering tax rate
Property tax rates in the City of Russell Springs are going down. Here’s Russell Springs Mayor Eddie Thomas. Council member Cody Wilson made the motion to approve the tax decrease, which passed unanimously. Stay tuned […]