HB 507/FN (BR 1211) - R. Weston, T. Moore
AN ACT relating to economic development.
Create a new section of KRS Chapter 141 to establish an income tax credit for qualified employers of up to 50 percent of the amount paid for tuition and other educational expenses, limited to 2,800 employees a year; require monitoring by the Bluegrass State Skills Corporation; amend KRS 141.0205 to conform.
HB 507 - AMENDMENTS
HCS/FN - Retain original provisions; add definition for "Metropolitan College"; allow credits only for tuition and other educational expenses paid for students enrolled in the Metropolitan College program.
Feb 23-introduced in House
Feb 24-to Appropriations & Revenue (H)
Mar 2-posting waived
Mar 3-reported favorably, 1st reading, to Calendar with Committee Substitute
Mar 4-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Thursday, March 5, 2009
Mar 6-3rd reading, passed 99-0 with Committee Substitute ; received in Senate
Mar 9-to Appropriations & Revenue (S); taken from committee; 1st reading; returned to Appropriations & Revenue (S)
Mar 10-taken from committee; 2nd reading; returned to Appropriations & Revenue (S)