Democratic Gov. Andy Beshear signed a bill into law Thursday that will reduce Kentucky's individual income tax, expressing confidence that economic growth will offset the loss in revenue. The measure,

Governor Andy Beshear signed a bill cutting the state's income tax by half a point from 4% to 3.5% Thursday marking the third tax reduction in as many years.

Lowering the income tax rate has been a priority for Republican lawmakers in recent years. Gov. Andy Beshear signed the bill Thursday.