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HB640 • 2026
AN ACT relating to taxation.
This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.
Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.
AN ACT relating to taxation.
taken from Appropriations & Revenue (H) 2nd reading returned to Appropriations & Revenue (H)
taken from Appropriations & Revenue (H) 1st reading returned to Appropriations & Revenue (H)
to Appropriations & Revenue (H)
introduced in House to Committee on Committees (H)
AN ACT relating to taxation.
UNOFFICIAL COPY 26 RS BR 1054 Page 1 of 1 XXXX 10/10/2025 11:18 AM Jacketed AN ACT relating to taxation. 1 Be it enacted by the General Assembly of the Commonwealth of Kentucky: 2 Section 1. KRS 131.170 is amended to read as follows: 3 The department [of Revenue ] may, when extension is not otherwise provided for, grant a 4 reasonable extension of time for filing reports or returns whenever, in its judgment, good 5 cause therefor exists. The depa rtment shall keep a record of such extensions. Except 6 where a taxpayer is abroad, no extension shall be granted for more than six (6) months, 7 and in no case for more than one (1) year. If any extension operates to postpone a tax 8 payment, interest at the ta x interest rate as defined in KRS 131.010(6) shall be collected. 9 The department may condition the extension upon a bond sufficient to cover any tax and 10 penalty determined to be due. The department may, on request, permit a person to file a 11 tax return or report or pay tax on a date other than that prescribed by statute, or to change 12 the fiscal period covered by such return or report, if the variation will not ultimately 13 effect a reduction in revenue. 14