| Last Action | posted in committee | 
|---|---|
| Title | AN ACT relating to tax credits to promote quality education in Kentucky. | 
| Bill Documents | Bill | 
| Bill Request Number | 840 | 
| Sponsor | T. Mills | 
| Summary of Original Version | Create new sections of KRS Chapter 141 to establish a tuition assistance tax credit and an innovative education tax credit; amend KRS 141.010 to exclude from any amount received as tuition assistance from the definition of "adjusted gross income"; amend KRS 141.0205 to establish the order in which the credits may be taken; create a new section of KRS 135.500 to 136.575 to allow financial institutions to take the tuition assistance tax credit and the innovative education tax credit against the bank franchise tax. | 
| Index Headings of Original Version | Bankruptcy - Bank franchise tax, tuition assistance tax credit Bankruptcy - Bank franchise tax, innovation education tax credit Taxation - Income tax, tuition assistance tax credit Taxation - Income tax, innovative education tax credit Taxation, Income--Corporate - Innovative education tax credit, establish Taxation, Income--Individual - Innovative education tax credit, establish Taxation, Income--Corporate - Tuition assistance tax credit, established Taxation, Income--Individual - Tuition assistance tax credit, established | 
| 03/02/10 | 
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| 03/04/10 | 
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| 03/12/10 | 
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Last updated: 8/28/2019 7:34 AM (EDT)