EKB News

As promised earlier, Friday (today), Governor Steve Beshear signed into law two bills approved during the special legislative session and filed them with the Secretary of State's office. State officials say lawmakers approved a host of tax breaks which includes tax exemptions for active duty military personnel and those who buy new cars and homes. The General Assembly also deleted a provision that would have saved $10 million by reducing the number of paid holidays for state workers. Officials say tax breaks added by lawmakers are likely to cost the state about $23 million in the fiscal year beginning July 1st. In the following year, the cost of the programs and others pushed by Beshear and approved by the General Assembly is expected to cost $84 million.