House Bill 510

Last Action 03/02/20: to Appropriations & Revenue (H)
Title AN ACT relating to a new tax credit.
Bill Documents Introduced
Bill Request Number 1500
Sponsor N. Tate
Summary of Original Version Establish a new subchapter under KRS Chapter 154 and create new sections thereof to allow the earn, learn, and recover tax credit in an amount up to 50% of the costs incurred by an approved company for tuition or other educational expenses paid on behalf of a qualified employee, 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, 2020, but before January 1, 2024; amend KRS 141.0205 to order the tax credit; amend KRS 131.190 to allow the Department of Revenue to report confidential data.
Index Headings of Original Version Economic Development - Earn and learn tax credit program
Substance Abuse - Earn and learn tax credit program
Taxation - Earn and learn tax credit
Taxation, Income--Corporate - Earn and learn tax credit
Taxation, Income--Individual - Earn and learn tax credit
Alcoholism - Earn and learn tax credit program


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

Last updated: 10/27/2020 12:10 PM (EDT)
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