Kentucky Governor Signs Tax Cut

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Business & Economics

Kentucky governor signs bill to lower income tax: When it goes into effect

Summary

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But new Governor Beshear signed legislation lowering the state's income tax. The governor posted a video of social media this morning . This has been supported by Republicans . It's been supported by Democrats . In the end, I support it because it's going to help you. I will always do what's best for our families. That's my job. Kentucky Senate passed House Bill One earlier this week following approval in the House . Now the measure lowers the state's income tax rate from 4% to 3.5 . Now it takes effect at the start of 2026 ..