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February 4, 2025 3:09pm

GLI statement on passage of Kentucky HB 1

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

“GLI commends the Kentucky General Assembly for passing House Bill 1 to again lower the state’s personal income tax. Reducing and eventually eliminating the personal income tax has been a long-term priority for the Greater Louisville business community and will be pivotal for attracting and retaining businesses, talent, and investment. HB 1 moves Kentucky’s income tax to 3.5 percent and builds on reforms made in the past few years to strengthen our economy and create a more competitive tax model.”

– Sarah Davasher-Wisdom, President and CEO, Greater Louisville Inc.

 


About Greater Louisville Inc.

Greater Louisville Inc. is the Metro Chamber of Commerce and represents 15 counties in Kentucky and Indiana. GLI’s mission is to grow businesses and the regional economy. GLI supports businesses during every stage of development and represents the collective needs of the business community by advocating for pro-growth policies and economic development investment, and deploying programming centered around attracting and developing talent and economic inclusion. GLI is the 2019 National Chamber of the Year and is one of only three percent of chambers nationally certified with 5-star accreditation status by the U.S. Chamber of Commerce. Learn more on social media @GLIchamber or visit www.greaterlouisville.com.