House Bill 391

Last Action 02/19/19: to Appropriations & Revenue (H)
Title AN ACT relating to a new tax credit.
Bill Documents Introduced
Bill Request Number 994
Sponsor R. Webber
Summary of Original Version Establish a new subchapter under KRS Chapter 154 and create new sections thereof to allow the earn and learn tax credit in an amount up to 25% of the costs incurred by an approved company for tuition or other educational expenses paid on behalf of a qualified employee, not to exceed $1,500 and up to 50% of those costs incurred for a qualified employee in recovery, not to exceed $2,000; create a new section of KRS Chapter 141 to allow the tax credit against the income taxes and the limited liability entity tax for taxable years beginning on or after January 1, 2019, but before January 1, 2023; amend KRS 141.0205 to order the tax credit; amend KRS 131.190 to allow the Department of Revenue to report to the General Assembly.
Index Headings of Original Version Economic Development - Earn and learn tax credit program, creating
Taxation - Earn and learn tax credit, creating
Taxation, Income--Corporate - Earn and learn tax credit, creating
Taxation, Income--Individual - Earn and learn tax credit, creating


  • introduced in House
  • to Appropriations & Revenue (H)

Last updated: 11/9/2023 3:08 PM (EST)