Summary of Original Version

Amend KRS 141.017, 141.019 and 141.039 to allow the same treatment as for federal income tax purposes related to forgiven covered loans, deductions, and tax attributes associated with those loans in accordance with Pub. L. No. 116-260, for taxable years beginning on or after January 1, 2020, but before January 1, 2022.

Statutes affected:
Introduced: 141.017, 141.019, 141.039