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HB 162/FN (BR 970) - J. Carney, R. Benvenuti III, M. Hart, D. Horlander, K. King, A. Koenig, C. McCoy, R. Meyer, K. Moser, P. Pratt, M. Prunty, B. Reed, R. Rothenburger, S. Santoro, J. Sims Jr, J. Tipton
AN ACT relating to opportunities in education.
Create a new section of KRS Chapter 141 to establish a separate income tax credit for tuition assistance based on contributions made to a qualified scholarship-granting organization; create a new section of KRS Chapter 141 to provide goals and reporting of metrics related to those goals; amend KRS 141.0205 to establish the order in which the credits may be taken; create a new section of KRS 136.500 to 136.575 to allow financial institutions to take the tax credit against the tax imposed by KRS 136.505; create a new section of KRS 136.500 to 136.575 to order all tax credits; create a new section of KRS Chapter 156 to require the Kentucky Department of Education to publish a list of certified nonpublic schools and nonpublic schools seeking certification; require the Department of Revenue to report information to the Legislative Research Commission; amend KRS 131.190, 131.135, 131.618, 131.650, 131.990, 141.389, and 131.020 to conform.
Jan 07, 2017 - introduced in House
Feb 07, 2017 - to Appropriations & Revenue (H)
Feb 17, 2017 - posted in committee