KRS 131.132: Annual report by department on tax law changes.

(1) The department shall submit an annual report to the Legislative Research

Commission and the Interim Joint Committee on Appropriations and Revenue on

October 1, 2024, and October 1 of each year thereafter.

(2) The report required by subsection (1) of this section shall:

(a) Summarize each tax law change enacted during:

1. The immediately preceding Regular Session of the General Assembly;

or

2. Any Extraordinary Session of the General Assembly held since the last

report was submitted;

(b) Be organized by bill number, including any resolutions impacting the tax

laws; and

(c) Outline actions taken, or to be taken, by the department to implement each tax

law change, including any:

1. Required modification to information technology systems and the

estimated cost of that modification;

2. Development of new or modification to existing forms for submission

by taxpayers;

3. Taxpayer education efforts d eployed or to be deployed in response to

the tax law changes;

4. Administrative regulations filed or to be filed;

5. Shifting of personnel to perform the actions; and

6. Suggestions to the Interim Joint Committee on Appropriations and

Revenue for related statutory corrections or improvements.