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Bill

HB 471

AN ACT relating to the taxation of income received by a minor.

2025 Regular Session

HB 471 alters Kentucky's taxation of minor-earned income, potentially affecting youth employment incentives and state tax revenue.

to Appropriations & Revenue (H)
#childrenandminors #taxation #income--individual
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Bill Summary · HB 471

Legislative bill overview

HB 471 modifies Kentucky's tax treatment of income earned by minors. The bill has been introduced in the Kentucky House of Representatives and is currently in the Appropriations & Revenue Committee. While the full text is not yet publicly detailed, the title indicates it addresses how minor-earned income is taxed under state law.

Why is this important

Tax policy affecting minors impacts families' financial planning, incentives for youth employment, and state revenue. Changes to minor income taxation can affect everything from part-time job wages to earnings from family businesses, potentially influencing both family economics and youth participation in the workforce.

Potential points of contention

  • Tax burden on youth employment: Changes could either increase or decrease taxes on teen wages, affecting work incentives and family budgets
  • Dependent claimed status interaction: Modifications may interact with federal dependent exemptions or parental tax deductions in ways that create planning complexity
  • Revenue implications: Changes could reduce state tax collection or create fairness concerns depending on whether exemptions are expanded or narrowed

Compiled from official sources — confirm details with the bill’s official record.

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