AN ACT relating to individual income tax exclusions.

Amend KRS 141.010 to define "tips" and "overtime compensation"; amend KRS 141.019 to allow an exclusion from gross income for tax purposes for tips and overtime compensation; amend KRS 141.335 to include tips and overtime compensation amounts on employee withholding statement; amend KRS 131.190 to allow the Department of Revenue to report on the exclusions.