KY HB305 | 2022 | Regular Session
Status
Spectrum: Partisan Bill (Republican 24-0)
Status: Introduced on January 13 2022 - 25% progression, died in committee
Action: 2022-01-31 - floor amendment (1) filed
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 13 2022 - 25% progression, died in committee
Action: 2022-01-31 - floor amendment (1) filed
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amend KRS 141.502 to update definition of "eligible student" to increase the limit of not more than 250% of the amount of household income necessary to establish eligibility for reduced-price meals; amend KRS 141.504 to allow funds in an education opportunity account to also be used for tuition or fees to attend a prekindergarten to grade twelve nonpublic school and remove the requirements for individuals to be residents of counties of 90,000 or more to utilize the funds for nonpublic schools; amend KRS 141.510 to require a copy of the account granting organization's determination letter granting them 501(c)(3) status to be submitted with their application; amend KRS 141.512 to allow an AGO, in the first year, to allocate less than 90 percent of the total annual contributions to EOAs; amend KRS 141.522 to delete the sunset provision from the tax credit for contributions made to AGOs; increase credit cap from $25,000,000 to $100,000,000 with certain stipulations.
Title
AN ACT relating to educational opportunity accounts.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-01-31 | House | floor amendment (1) filed |
| 2022-01-13 | House | to Committee on Committees (H) |
| 2022-01-13 | House | introduced in House |
Subjects
Charitable Organizations and Institutions
Children and Minors
Education, Elementary and Secondary
Education, Finance
Taxation
Children and Minors
Education, Elementary and Secondary
Education, Finance
Taxation
