Kentucky Tax Amnesty Act

This act creates a tax amnesty program under which taxpayers who owe unpaid state taxes may come forward and settle their liabilities on more favorable terms than ordinary collection would allow, including modified treatment of interest on the amounts owed. It defines the terms governing the program, identifies categories of taxpayers or liabilities to which amnesty does not extend, and appropriates funds for administering it while directing how the revenue collected is to be distributed. Responsibility for implementation rests with the state tax administrator, who is authorized to adopt implementing rules and regulations and to evaluate the program's results.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.