Tax Incentive Bill Will Have to Wait

Mar 18, 2012

A tax incentive touted by Northern Kentucky leaders and Gov. Steve Beshear as a way to generate jobs and revenue won’t likely get through the General Assembly this year, legislators say. Some blamed personal politics while others blamed the state’s lean budget for the apparent failure of the angel investment tax incentive this session. While proponents vow to lobby the Senate for an amendment or some way to get the incentive, many think they’ll have to wait until next year for the tax incentive.