HB 400 (BR 1438) - D. Floyd
AN ACT relating to preschool funding and making an appropriation therefor.
Create a new section of KRS Chapter 141 to provide a $1,000 maximum tax credit for qualified preschool expenses; amend KRS 141.0205 to include the tax credit in the ordering of credits; create a new section of KRS Chapter 200 to direct the Early Childhood Advisory Council to determine the qualifications for, certify, and report on qualified preschools for purposes of the tax credit; amend KRS 154A.130 to direct net lottery revenues be used for the cost of the tax credit and the cost of public preschool education programs; make appropriation.
Feb 18-introduced in House
Feb 19-to Appropriations & Revenue (H)