Laws

Kentucky Beginning Farmer Tax Credit Statute
This statute, enacted in March 2019, establishes a beginning farmer tax credit (known as the "farmer small business tax credit") in Kentucky. Farmers can receive income tax credits for up to $25,000 per calendar year (up to $100,000 total per individual) when they sell their agricultural land and assets to a beginning farmer.
Downloadable Documents
Authority Type
Statutes and Ordinances
State
Kentucky
Level of Government
State
Law Type
State Laws
Keywords
Beginning Farmer Tax Credit, Beginning Farmers, Farmland Access
Citation
Ky. Rev. Stat. § 154.60-040 (2019)

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