Statement on the Final Passage of Budget and Tax Plans
"The General Assembly's tax bill finalized today is a major tax shift, providing huge breaks for the wealthy and corporations...
A Chance to Get a Better Budget and Tax Plan
The governor announced this morning that he will veto both the executive branch budget bill and the tax bill passed by the General Assembly last Monday. Legislators return to Frankfort...
Tax Plan Is a Tax Shift with Troubling Long-Term Effect on Revenues
The General Assembly introduced a tax bill today that is a shift in taxes away from corporations and high-income people and over to low- and middle-income Kentuckians. Although the official...
Last Minute Pension Bill Ends Protections for New Teachers, Cuts Benefits
Legislation introduced and passed suddenly in the General Assembly yesterday moves new teachers into a less secure hybrid cash balance plan and ends the inviolable contract moving forward for them,...
Senate Budget Shifts Money Between Retirement Systems, Contains No New Revenue So Deeply Cuts Services
Click here to download a PDF of KCEP’s analysis of the House’s budget. The Senate budget massively underfunds the Teachers’ Retirement System (TRS) by more than $1 billion over the...
Republican Proposals to End Tax Breaks Could Create a Better Budget
Several bills sponsored by Republicans this legislative session include proposals to end a variety of tax breaks in order to generate additional revenue. If the General Assembly were to pull...
Time to Put End to Wrong-Headed Pension Bill
The pension bill stumbled in the Kentucky Senate last week and was sent back to committee. It's the latest in a nearly year-long series of missteps. The attack on pensions...
House Budget Relies Heavily on Monies from Kentucky Employees’ Health Plan
The House budget will more than drain the Kentucky Employees' Health Plan trust fund of surpluses built up in recent years – resources that have accumulated due in part to...
Jobs Myth at Root of Policies Harming Unemployed
A number of state policies are now in play that would cut off access to financial assistance for Kentuckians who are unemployed and struggling to get by. All of a...
House Budget Raises Revenue, Prevents Some Education Cuts
Click here to download a PDF of KCEP’s analysis of the House's budget. In their budget for 2019-2020, the House is proposing to raise some new revenue — mostly from...