Senate Bill 25

Actions
Last Action 02/02/21: to Appropriations & Revenue (S)
Title AN ACT relating to opportunities in education.
Bill Documents Introduced
Bill Request Number 383
Sponsor 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 of Original Version 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

Actions

Top
12/09/20
  • Prefiled by the sponsor(s).
01/05/21
  • introduced in Senate
  • to Committee on Committees (S)
02/02/21
  • to Appropriations & Revenue (S)


Last updated: 11/9/2023 2:52 PM (EST)