Description
Press release from Greater Louisville, Inc.:
February 11, 2021 4:33pm
As lawmakers in Frankfort continue working through a difficult state budget process, GLI is advocating for key priorities to support economic growth and recovery in our region. Some of GLI's top priorities include:
In addition to priorities such as the ones listed above, GLI is also stressing the importance of allowing businesses to deduct from their state income taxes expenses paid with forgiven Paycheck Protection Program loans. These deductions are already allowed under federal law and in states like Indiana. GLI is urging Kentucky to conform with federal treatment of this issue, which will help businesses in our region avoid state tax increases.
This press release was produced by Greater Louisville, Inc.. The views expressed here are the author's own.
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