Senate Bill 120

Actions
Last Action 01/29/20: to Appropriations & Revenue (S)
Title AN ACT relating to income tax.
Bill Documents Introduced
Bill Request Number 1395
Sponsor J. Higdon
Summary of Original Version Amend KRS 141.019 to exclude from adjusted gross income the amount an employer pays on behalf of an employee for student loan debt owed by that employee; amend KRS 141.039 to exclude from gross income the amount an employer pays on behalf of an employee for student loan debt owed by that employee; amend KRS 131.190 to allow data to be reported by the Department of Revenue.
Index Headings of Original Version Taxation - Income tax, deduction for student loan debt paid by employer
Taxation, Income--Corporate - Deduction for student loan debt paid by employer
Taxation, Income--Individual - Deduction for student loan debt paid by employer

Actions

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01/27/20
  • introduced in Senate
01/29/20
  • to Appropriations & Revenue (S)


Last updated: 3/27/2020 4:06 PM (EDT)
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