Kentucky Senate Bill 50 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 13 2022 - 25% progression, died in committee
Action: 2022-01-18 - to Appropriations & Revenue (S)
Pending: Senate Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]

Amend KRS 141.502 to update definition of "eligible student" to increase the limit of not more than 200% 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 $50,000,000 with certain stipulations.

AN ACT relating to educational opportunity account.

Sen. Ralph Alvarado [R]

Date	Chamber	Action
2022-01-18	Senate	to Appropriations & Revenue (S)
2022-01-13	Senate	to Committee on Committees (S)
2022-01-13	Senate	introduced in Senate

Type	Source
Summary	https://apps.legislature.ky.gov/record/22RS/sb50.html
Text	https://apps.legislature.ky.gov/recorddocuments/bill/22RS/sb50/orig_bill.pdf
Supplement	https://apps.legislature.ky.gov/recorddocuments/note/22RS/sb50/FN.pdf