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Expert Analysis

How Kentucky Changed Its Nearly 100-Year-Old Tax Structure

By Mark Sommer and Rowan Reid (June 6, 2018, 3:11 PM EDT) -- Kentucky's 2018 regular session of the General Assembly brought sweeping changes to an overall tax structure that had been largely untouched over the last century. Two pieces of legislation at the center of the tax reform were House Bill 366 and House Bill 487. The General Assembly passed HB 366 on Easter Monday, only to have Gov. Matt Bevin veto the bill and voice his disapproval that it did not go far enough in reforming the tax code. However, Gov. Bevin's complaints were ignored as the General Assembly later overrode his veto. ...

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