Kentucky
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House Bill 507

Actions | Amendments
Last Action returned to Appropriations & Revenue (S)
Title AN ACT relating to economic development.
Bill Documents Bill
Impact Statements Fiscal Note
Bill Request Number 1211
Sponsors R. Weston, T. Moore
Summary of Original Version Create a new section of KRS Chapter 141 to establish an income tax credit for qualified employers of up to 50 percent of the amount paid for tuition and other educational expenses, limited to 2,800 employees a year; require monitoring by the Bluegrass State Skills Corporation; amend KRS 141.0205 to conform.
Index Headings of Original Version Fiscal Note - Income tax credit, establish for certain employers for educational expenses on behalf of employees
Economic Development - Income tax credit, establish for certain employers for educational expenses on behalf of employees
Taxation - Income tax credit, establish for certain employers for educational expenses on behalf of employees
Taxation, Income--Corporate - Credit, establish for certain employers for educational expenses on behalf of employees
Proposed Amendments House Committee Substitute 1
Votes Vote History

Actions

Top | Amendments
02/23/09
  • introduced in House
02/24/09
  • to Appropriations & Revenue (H)
03/02/09
  • posting waived
03/03/09
  • reported favorably, 1st reading, to Calendar with Committee Substitute
03/04/09
  • 2nd reading, to Rules
  • posted for passage in the Regular Orders of the Day for Thursday, March 5, 2009
03/06/09
  • 3rd reading, passed 99-0 with Committee Substitute
  • received in Senate
03/09/09
  • to Appropriations & Revenue (S)
  • taken from committee
  • 1st reading
  • returned to Appropriations & Revenue (S)
03/10/09
  • taken from committee
  • 2nd reading
  • returned to Appropriations & Revenue (S)

Proposed Amendments

Top | Actions
Amendment House Committee Substitute 1
Impact Statements Fiscal Note
Summary Retain original provisions; add definition for "Metropolitan College"; allow credits only for tuition and other educational expenses paid for students enrolled in the Metropolitan College program.
Index Headings Fiscal Note - Income tax credit, establish for certain employers for educational expenses on behalf of employees
Economic Development - Income tax credit, establish for certain employers for educational expenses on behalf of employees
Taxation - Income tax credit, establish for certain employers for educational expenses on behalf of employees
Taxation, Income--Corporate - Credit, establish for certain employers for educational expenses on behalf of employees

Last updated: 8/28/2019 8:17 AM (EDT)