Kentucky House Bill 336 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 7-4)
Status: Introduced on February 4 2016 - 25% progression, died in chamber
Action: 2016-02-08 - to Appropriations & Revenue (H)
Text: Latest bill text (Draft #1) [PDF]

Create a new section of KRS Chapter 141 to provide a nonrefundable income tax credit for contributions made to an entity exempt from taxation which supports public 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 both tax credits against the tax imposed by KRS 136.505; create a new section of KRS 136.500 to 136.575 to order all bank franchise tax credits.

AN ACT relating to opportunities in education.

Rep. Thomas Thompson [D]	Rep. Larry Clark [D]	Rep. Dennis Horlander [D]	Rep. Dennis Keene [D]
Rep. Russ Meyer [D]	Rep. Terry Mills [D]	Rep. Brad Montell [R]	Rep. Sal Santoro [R]
Rep. Fitz Steele [D]	Rep. James Tipton [R]	Rep. Addia Wuchner [R]

Date	Chamber	Action
2016-02-08	House	to Appropriations & Revenue (H)
2016-02-04	House	introduced in House

Type	Source
Summary	http://www.lrc.ky.gov/record/16RS/HB336.htm
Text	http://www.lrc.ky.gov/record/16RS/HB336/bill.pdf