141.447 Designation of income tax refund to rape crisis center trust fund.

174 words·~1 min read·/ky/chapter-141/141-447

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)Effective for taxable years beginning on or after January 1, 2016, any taxpayer

required to file a return under KRS 141.180, who is entitled to an income tax refund

and who desires to contribute to the rape crisis center trust fund created by KRS

211.603, may designate an amount, not to exceed the amount of the refund, to be

paid to the fund. A designation made under this section shall not affect the income

tax liability of the taxpayer, but it shall reduce the income tax refund by the amount

designated.

(2)The tax refund designation authorized by this section shall be printed on the face of

the Kentucky individual income tax form. The instructions accompanying the

individual income tax return shall include a description of the rape crisis center trust

fund and the purposes for which the funds may be used.

(3)The department shall, by July 1, 2017, and annually thereafter, transfer the funds

designated by taxpayers under this section to the rape crisis center trust fund created

by KRS 211.603.