Don't expect a cut in the state personal income tax in 2025.

A law passed in 2022 automatically cuts Kentucky's income tax by half a percentage point each year if the state meet certain financial conditions.

Because of that, the tax went down in 2023.

Another cut is on the way.

And 2024, as we told you a few weeks ago this year, Kentucky failed to meet the conditions so there won't be a tax cut in 2025.

But should the state change the rules and cut the tax anyway?

Well, Monday on Kentucky tonight, we heard from State Senator Christian McDaniel, chair of the Senate Appropriations and Revenue Committee.

He says the safeguards preventing another automatic tax cut are there for a reason.

The mechanism functioned as it was designed to do, and to kind of pump the brakes on this and make sure that we're in the appropriate place.

So I think that it really has been telling that, you know, like I say, it did work as intended.

And I certainly don't think that I would see us going back on the measures that we put into place when we began this process.

So these are the conditions Kentucky has to have a balance in the budget reserve trust fund, sometimes called the rainy day fund.

That's at least 10% of general fund revenue.

And state revenue has to be greater than appropriations and the cost of a 1% tax cut.

The state failed to reach that second condition.