The Department of Revenue has fielded up to 1,000 calls a day in the final week of Kentucky's amnesty offer to delinquent taxpayers. The rising interest has prompted the Department of Revenue to extend operating hours at 10 field offices around the state.
State employees with higher pensions should pay more to help the underfunded systems recover, Kentucky House Speaker Greg Stumbo said in a recent interview. One thing Stumbo doesn't want to see is lawmakers floating bonds to help pay for the state’s underfunded pensions.
The recent downtrend in gasoline prices has been welcome news for many American motorists, but the Petroleum Analysts at GasBuddy.com say the cost of filling the tank will hit a new record high this Thanksgiving.
Kentucky's state pension plans have problems, and a bipartisan legislative task force has approved sweeping recommendations to overhaul them -- including putting new employees in a hybrid plans akin to 401Ks.
The task force -- with an 11-1 vote -- is recommending that the General Assembly start fully funding their pension contributions starting with the next budget in 2014. Lawmakers’ inability to do that is part of the pension plans problems.
A task force in Tennessee is trying to encourage independent grocers to locate more outlets in low-income areas. The Tennessee Grocery Access Task Force is a coalition of more than 50 private and public sector groups who want to see a financial incentive program developed to encourage independent grocers to locate in so-called "food deserts."