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Tax and Budget

Analysis

House Bill 366 Represents a Tax Shift Away from the Wealthy to Low- and Middle-Income Kentuckians

During the waning hours on the last day of the session before the veto period, the General Assembly hastily passed...

Pam Thomas | April 4, 2018

Analysis

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,...

Jason Bailey | March 30, 2018

Analysis

House Bill 6 Shortchanges Kentucky by Giving Huge Subsidies to Fund Managers, Banks and Insurance Companies

A proposal to establish a new business tax break – amended in the Senate to also expand and extend an overly generous subsidy, the angel investor tax credit program –...

Pam Thomas | March 29, 2018

Analysis

Amendment to SB 231 Could Reduce College Affordability for Low-Income KEES Recipients

A proposed amendment to Senate Bill 231, a bill focused on the Work Ready Kentucky Scholarship, would make changes to the state’s Kentucky Educational Excellence Scholarship (KEES) that would result...

Ashley Spalding | March 28, 2018

Analysis

HB 609 Would Provide Much-Needed Revenue for Roads in Kentucky Counties, Cities

There is a lot at stake for Kentucky communities in House Bill 609. This comprehensive funding bill would generate over $433 million a year when fully phased in to prop...

Pam Thomas | March 26, 2018

Analysis

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...

Jason Bailey | March 14, 2018

Analysis

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...

Jason Bailey | March 6, 2018

Analysis

Pension Bill Doesn’t Save Money for KRS, Revised Teacher COLA Cut Changed Little

The pension bill SB 1 is not a cost saver for the Kentucky Retirement Systems (KRS), according to the actuarial analysis of the bill released today. And a change to...

Jason Bailey | February 28, 2018

Analysis

Four Main Ways House Criminal Justice Bill Creates Savings

The criminal justice reform bill that follows recommendations from the state’s Criminal Justice Policy Assessment Council, House Bill 396, is scheduled to be heard in committee this week. Supporters of...

Ashley Spalding | February 27, 2018

Analysis

Governor’s Proposed Additional Investment in Justice System Still Limited

Even with some increased investment in the justice system proposed in the governor’s budget, many areas within the system would continue to just get by, while others would be facing...

Ashley Spalding | February 26, 2018

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