Bill No. HB350
Bill ID
1321026
State
KY
Title
AN ACT relating to opportunities in education - HB 350
Description
Create new sections of KRS Chapter 141 to establish a separate income tax credit for tuition assistance based on contributions made to a qualified scholarship-granting organization; 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 new sections of KRS 136.500 to 136.575 to allow financial institutions to take the tax credit against the tax imposed by KRS 136.505; order all tax credits; create a new section of KRS Chapter 136 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 to conform.
Bill Type
Bill
Category
New Program, Students with Disabilities, Specific Student Population, Tax Credit Vouchers, Income Eligibility
Session
2020 Regular Session
Special Session
No Data Available
Current Status
Introduced
Status Last Updated
2020-01-27
Pending Committee
Calendar
No data available
Sponsors
Texts
Votes
No data available
Amendments
No data available