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HB 134/FN (BR 73) - J. Carney, M. Hart, D. Horlander, C. McCoy, J. Miller, S. Santoro, W. Thomas, J. Tipton, A. Wuchner
AN ACT relating to opportunities in education and making an appropriation therefor.
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 04, 2018 - introduced in House
Jan 08, 2018 - to Appropriations & Revenue (H)