Mar 14 Politics Bevin Says He’ll Likely Sign Tax Bill That Cuts State Revenue By $105 Million Following a news conference Thursday announcing a $238 million expansion at the Toyota plant in Georgetown, Bevin said the “odds are pretty high” that he would sign the tax bill. By Ryland Barton Mar 14 Politics Bevin Says He'll Likely Sign Tax Bill That Cuts Revenue By $105M Ryland Barton
Mar 13 Politics Ky. Lawmakers Advance Bill That Reduces Tax Revenue By $105 Million Leaders of the Kentucky legislature have proposed revising the state’s tax code, cutting $105 million in state revenue largely by changing how local banks get taxed. By Ryland Barton Mar 13 Politics Ky. Lawmakers Advance Bill That Reduces Tax Revenue By $105 Million Ryland Barton
Apr 2 Politics Kentucky Lawmakers Send Budget And Tax Overhaul To Bevin The Republican-led legislature passed a new two-year state budget that cuts much of state government in order to put more money into the state’s ailing pension systems. By Ryland Barton Apr 2 Politics Kentucky Lawmakers Send Budget And Tax Overhaul To Bevin Ryland Barton
Mar 16 Politics Opioid Tax Won’t Pass Kentucky Senate, Leader Says The state's House of Representatives approved the 25-cent per dose tax earlier this month, saying it would bring in about $140 million over the next two years. By Adam Beam, Associated Press and Bruce Schreiner, AP Mar 16 Politics Opioid Tax Won't Pass Kentucky Senate, Leader Says Adam Beam, Associated Press and Bruce Schreiner, AP
Mar 1 Politics Ky. Senate Leader: No Promise Chamber Will Consider Cigarette, Opioid Taxes The tax proposals would generate about $250 million per year and help avoid some cuts proposed in Gov. Matt Bevin’s budget, which was released in January. By Ryland Barton Mar 1 Politics Ky. Senate Leader: No Promise To Consider Cigarette, Opioid Taxes Ryland Barton
Feb 28 Politics Bipartisan Bill Would Boost Kentucky’s Gas Tax By 10 Cents It would be the first time the legislature has adjusted the gas tax since 2015. Back then, the tax was falling quickly because it was tied to the wholesale price of fuel. By Adam Beam, Associated Press Feb 28 Politics Bipartisan Bill Would Boost Kentucky's Gas Tax By 10 Cents Adam Beam, Associated Press
Jul 31 Politics State Budget Director: New Fiscal Year Brings ‘Formidable’ Revenue Expectations Kentucky will have to bring in 3.8 percent more than the $10.47 billion it generated in Fiscal Year 2017 to meet expectations for Fiscal Year 2018. By Ryland Barton Jul 31 Politics New Fiscal Year Brings 'Formidable' Revenue Expectations Ryland Barton
Jul 10 Politics Kentucky Misses Revenue Prediction By $135 Million Though tax receipts into Kentucky’s general fund grew for the seventh year in a row, the state was still short about $135 million compared to predictions. By Ryland Barton Jul 10 Politics Kentucky Misses Revenue Prediction By $135 Million Ryland Barton
Jun 26 Politics Lawmakers Still Hesitant On Bevin’s Call For Tax Reform Bevin wants lawmakers to return to Frankfort this year to work on a plan to help generate more revenue through economic growth and eliminating tax breaks. By Ryland Barton Jun 26 Politics Lawmakers Still Hesitant On Bevin's Call For Tax Reform Ryland Barton
May 2 Economy State Budget Director Predicts $113 Million Revenue Shortfall Director John Chilton says Kentucky is on track to take in $113.2 million less than predicted by the time the fiscal year ends on June 30. By Ryland Barton May 2 Economy State Budget Director Predicts $113 Million Revenue Shortfall Ryland Barton
Aug 10 Politics Should Kentucky Repeal The Inheritance Tax? Kentucky is one of six states that has an inheritance tax. It generated nearly $51 million in 2015 and is forecasted to bring in $46 million in 2016. By Ryland Barton Aug 10 Politics Should Kentucky Repeal The Inheritance Tax? Ryland Barton