2:36pm

Mon November 26, 2012
Business and the Economy

State Spending $3 Million on Tax Amnesty Initiative

The state government of Kentucky is spending $3 million on a tax amnesty program that officials hope will bring $55 million in revenue. In 2002, Kentucky launched an amnesty initiative that garnered $40 million. Governor Steve Beshear announced this effort in October to help balance the two-year budget that will allow citizens and businesses to make restitution.