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February 8, 2023 4:44pm

GLI statement on KY House Bill 1 to decrease state income tax

Following the Kentucky General Assembly’s passage of  House Bill 1, Greater Louisville Inc.’s president and CEO, Sarah Davasher-Wisdom, issued the following statement:

 

“Today, the Kentucky legislature took an important step in continuing to make the Commonwealth more competitive by passing House Bill 1 and lowering the state’s personal income tax. As the income tax is reduced incrementally and eventually eliminated, Kentucky will be able to attract more businesses and talent which are critical to the continued growth of our economy. GLI commends the General Assembly for not only swiftly passing this legislation but also for passing tax reform last year while ensuring the state was on track to hit revenue targets to make this decrease possible.”

 

-Sarah Davasher-Wisdom

President and CEO, Greater Louisville Inc.

 


About Greater Louisville Inc.

Greater Louisville Inc. - the Metro Chamber of Commerce is focused on growing the regional economy. As the region’s largest convener of business leadership, GLI leads economic and global outreach strategies focused on business attraction; nurtures the entrepreneurial eco-system; and champions the development of the community’s talent base.  As the voice of Greater Louisville’s business community, GLI advocates for a pro-business environment and facilitates businesses engagement on issues that impact regional competitiveness.  For more information, visit www.greaterlouisville.com.