Yum Brands revives tax credit bill for donated food
FRANKFORT, Ky. (AP) — A legislative bill that would give restaurants a tax credit for donations of prepared food has been revived through efforts of Yum Brands.
The Courier-Journal (http://cjky.it/1Ey2Qjt) reports no one opposes the intent of the bill, but critics say it never got a full hearing and the cost to taxpayers is unknown.
Kentucky Center for Economic Policy Director Jason Bailey said there should be a full public hearing that explains any cost.
Republican Sen. Chris McDaniel of Taylor Mill chairs the Senate budget committee and says there’s minimal cost for the measure, which encourages restaurants across the state to donate more food.
The proposal was revived when it was added to another bill that was sent to a conference committee charged with working out differences between the House and Senate versions.
Information from: The Courier-Journal, http://www.courier-journal.com
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