WBKO - News - Headlines

Kentucky Legislative Session Begins

By: Associated Press
Posted: Tue 9:50 AM, Jan 08, 2013

Lawmakers have begun arriving at the Capitol for the start of a legislative session in which they're expected to consider tax reforms and to search for ways to shore up the financially troubled pension system for government retirees.

The General Assembly is scheduled to convene at noon EST.

A task force appointed by Gov. Steve Beshear has recommended a series of changes to the state tax code that could generate more than $600 million in additional revenue. And a separate legislative task force has recommended pumping more money into the pension system, which has a $33 billion unfunded liability.

Beshear has said he's not sure lawmakers can resolve those issues in the 30 days allotted for the session. If not, he could call a special session later.


Poll Question

Do you think the IRS should face tougher penalties for targeting the tea party and other conservative groups seeking tax-exempt status?

Yes
No
WBKO 2727 Russellville Road Bowling Green, KY 42101-3976 Phone: 270-781-1313 After Hours Hotline: 270-781-6397 Fax: 270-781-1814
Gray Television, Inc. - Copyright © 2002-2013 - Designed by Gray Digital Media - Powered by Clickability
User Agent: CCBot/2.0 - 186028231