Kentucky HB515 amends tax credit provisions for small business investments.
Kentucky HB515 modifies tax credit rules for small business investments, detailing reporting requirements for investment funds and investors. The bill mandates the Kentucky Economic Development Finance Authority to report on investment funds, including fund managers, locations, and tax credits awarded. It also outlines how tax credits are apportioned among investors, including pass-through entities and trusts.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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