AN ACT relating to a deduction for professional membership dues.

Summary

HB 725 amends Kentucky’s income‑tax code to let individuals subtract the cost of required professional licenses or association fees from their adjusted gross income for tax years beginning Jan. 1, 2027 through Dec. 31, 2030, as long as the dues aren’t already deducted on the federal return. The change applies to all non‑corporate taxpayers and requires the Department of Revenue to report how many returns claim the deduction and the resulting tax savings. This provides a targeted tax break for professionals while adding reporting transparency.

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