KY SB36 | 2018 | Regular Session

Status

Spectrum: Partisan Bill (Republican 5-0)
Status: Introduced on January 2 2018 - 25% progression
Action: 2018-01-03 - to Education (S)
Pending: Senate Education Committee
Text: Latest bill text (Draft #1) [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 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.

Tracking Information

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Title

AN ACT relating to opportunities in education and making an appropriation therefor.

Sponsors


History

DateChamberAction
2018-01-03Senateto Education (S)
2018-01-02Senateintroduced in Senate

Kentucky State Sources


Bill Comments

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