KY HB205 | 2019 | Regular Session
Status
Spectrum: Partisan Bill (Republican 9-0)
Status: Introduced on February 5 2019 - 25% progression, died in committee
Action: 2019-03-04 - returned to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 5 2019 - 25% progression, died in committee
Action: 2019-03-04 - returned to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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 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.
Title
AN ACT relating to opportunities in education.
Sponsors
Rep. John Carney [R] | Rep. Chad McCoy [R] | Rep. Kevin Bratcher [R] | Rep. Richard Heath [R] |
Rep. Adam Koenig [R] | Rep. Jerry Miller [R] | Rep. David Osborne [R] | Rep. Sal Santoro [R] |
Rep. Walker Thomas [R] |
History
Date | Chamber | Action |
---|---|---|
2019-03-04 | House | returned to Appropriations & Revenue (H) |
2019-03-04 | House | 2nd reading |
2019-03-04 | House | taken from Appropriations & Revenue (H) |
2019-03-01 | House | returned to Appropriations & Revenue (H) |
2019-03-01 | House | 1st reading |
2019-03-01 | House | taken from Appropriations & Revenue (H) |
2019-02-13 | House | posted in committee |
2019-02-06 | House | to Appropriations & Revenue (H) |
2019-02-05 | House | introduced in House |
Subjects
Administrative Regulations and Proceedings
Banks and Financial Institutions
Charitable Organizations and Institutions
Education, Elementary and Secondary
Education, Finance
Fiscal Note
Reports Mandated
State Agencies
Taxation
Taxation, Income--Corporate
Taxation, Income--Individual
Banks and Financial Institutions
Charitable Organizations and Institutions
Education, Elementary and Secondary
Education, Finance
Fiscal Note
Reports Mandated
State Agencies
Taxation
Taxation, Income--Corporate
Taxation, Income--Individual