AN ACT relating to farmland retention.
Amend KRS 154.60-040 to define terms; create the Farmland Retention Tax Credit Program; establish a tax credit for seller of agricultural land; amend KRS 141.3841, 131.190, 154.60-005, and 154.60-020 to conform; sunset the program on December 31, 2031.
ECONOMIC DEVELOPMENT
Taxation
AGRICULTURE
Real Estate
Sunset Legislation
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