House Bill 505

Actions
Last Action 02/11/21: to Committee on Committees (H)
Title AN ACT relating to the Kentucky opportunity fund and making an appropriation therefor.
Bill Documents Introduced
Bill Request Number 348
Sponsor J. Raymond
Summary of Original Version Create new sections of KRS Chapter 164A to establish within the State Treasury a fund to be used to make contributions to Kentucky opportunity accounts; amend KRS 131.190 to allow the Department of Revenue to share information with the Kentucky Higher Education Assistance Authority; amend KRS 141.019 to exclude earnings from Kentucky opportunity accounts from adjusted gross income; amend KRS 205.200 to provide that ownership or activity of a Kentucky opportunity account shall not be used when conducting means-based testing for eligibility for public assistance programs.
Index Headings of Original Version Taxation, Income--Individual - Opportunity account, excluding earnings from AGI
Treasurer - Opportunity account, creation of fund within State Treasury
Medicaid - Opportunity account not disqualification of eligibility
Taxation - Opportunity account, excluding earnings from AGI
Health and Medical Services - Medicaid, opportunity account not disqualification of eligibility
Public Assistance - Opportunity account not disqualification of eligibility
Public Medical Assistance - Opportunity account not disqualification of eligibility

Actions

Top
02/11/21
  • introduced in House
  • to Committee on Committees (H)


Last updated: 4/11/2021 12:15 AM (EDT)
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