Kentucky Revised Statutes Title XI. Revenue and Taxation § 141.062.Premiums paid for health insurance to be treated as income tax credit

(a) Twenty percent (20%) of the first year premium;

(b) Fifteen percent (15%) of the second year premium;

(c) Ten percent (10%) of the third year premium; and

(d) Five percent (5%) of the fourth year premium.

(a) Premiums are paid into the trust prior to July 1, 1992;

(b) Fifty (50) or fewer employees are employed;

(c) No health insurance benefits have been provided by the employer during the three (3) years preceding the date premiums are initially paid to the trust;

(d) Employers maintain participation in the trust for all full-time and part-time employees for a period of four (4) continuous years; and

(e) Employers pay at least fifty percent (50%) of the premium.