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Kentucky committee advances House Bill 1 to cut individual income tax to 3.5%
Summary
The Senate Appropriations and Revenue Committee voted unanimously to report House Bill 1, which would reduce the state individual income tax rate from 4% to 3.5% effective Jan. 1, 2026, sending the measure to the floor.
The Senate Appropriations and Revenue Committee voted 11-0 to report House Bill 1, which would lower Kentucky—s individual income tax rate from 4% to 3.5% and take effect Jan. 1, 2026. Chair McDaniel cast a recorded aye and offered an explanation on the committee floor.
Committee Chair McDaniel said the bill is the third step in a three-step, multi-year process to reduce the income tax rate and to present lawmakers with a recurring choice about spending levels. "This does reduce…
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