Kentucky collected $1.6 billion in sales and gross receipt taxes during the first quarter of 2021, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
As President Joe Biden and his administration finalize what is known as the "Build Back Better" plan, which is composed of $3 trillion in spending to fight climate change and enhancing infrastructure, “renewable energy backers” also are fighting for a ten-year extension of tax credits.