| Title | AN ACT relating to opportunities in education. |
|---|---|
| Bill Documents | Original |
| Sponsors | R. Alvarado |
| Summary of Original Version | Create new sections in KRS Chapter 141 to establish the Education Opportunity Account Program; define terms and eligibility for the program; establish the requirements of the account-granting organizations and the Department of Revenue; allow auditing of account-granting organizations by the Department of Revenue; create a tax credit for taxes imposed by KRS 141.020, 141.040, and 141.0401; require reporting to the Interim Joint Committee on Appropriations and Revenue; create short title; amend KRS 141.0205 to order the tax credit; amend KRS 131.190 to allow reporting by the Department of Revenue. |
| Index Headings |
Education, Elementary and Secondary - Education Opportunity Account Program Education, Finance - Education Opportunity Account Program State Agencies - Department of Revenue, Education Opportunity Account Program tax credit Taxation - Education Opportunity Account Program tax credit Taxation, Income--Corporate - Education Opportunity Account Program tax credit Taxation, Income--Individual - Education Opportunity Account Program tax credit Charitable Organizations and Institutions - Account-granting organizations, Education Opportunity Account Program Reports Mandated - Department of Revenue, Education Opportunity Account Program Short Titles and Popular Names - Education Opportunity Account Act, EOA Act |
| 12/09/20 | Prefiled by the sponsor(s). |
|---|
Last updated: 1/4/2021 4:38 PM (EST)
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