Watch Out for Attack on Pensions on Session’s Final Day
The General Assembly adjourned for the veto period without providing relief from soon-to-spike pension costs to quasi-governmental organizations like regional...
Budget & Tax
Breaking Inviolable Contract for Quasi-Governmental Employees Would Result in Massive Loss of Benefits
Pension proposals for quasi-governmental organizations that attempt to break the inviolable contract for current employees will result in a huge loss of retirement income for those affected, with career employees...
Troubling Cost, Content and Process of 2019 Tax Bill
This week, the General Assembly passed HB 354 - which started out as a bill to address unintended consequences and administrative issues with last year’s hastily passed tax bill, but...
Conference Committee Agrees to Substantial New Tax Breaks in the “Tax Clean-Up Bill” – Digging Our Revenue Hole Even Deeper
The 2019 short session is in its final days and House Bill 354 (HB 354) - the “tax clean-up” bill, the original purpose of which was specifically to address unintended...
Pension Bill Breaks Inviolable Contract, Shifts Contributions from Underfunded Plan
The Senate version of House Bill 358 essentially forces quasi-governmental agencies like health departments and community mental health centers to break the inviolable contract for pensions with their current employees...
Big Cut to Bank Taxes Is Not Cleanup
With just 3 days left of the 2019 General Assembly before the veto recess, now is the time to be concerned about the appearance of last-minute legislation to benefit special...
Private School Tax Credit Math Does Not Add Up
Enacting a private school tax credit – as proposed in HB 205 – will harm Kentucky’s school districts by depriving them of vital funding and leaving the General Assembly with...
Kentucky Must Not Join Dangerous Threat to Constitution
A legislative committee will consider "for discussion only" on Monday HJR 87, a deeply alarming resolution calling for a new constitutional convention to rewrite the rules of American government. It...
Tax “Clean-Up” Bill Includes More Giveaways
Although House Bill 354 (HB 354) has been described as the “clean-up bill” that fixes the unintended consequences that occurred because of the rush in which the 2018 tax bills...
Bill Provides Huge Subsidy to Investment Companies and Does Not Require Return to Communities
The stated purpose of House Bill 203, a proposal in the 2019 General Assembly, is to encourage investment in Kentucky’s rural areas and to create and retain jobs. Although these...