House Bill 564

Actions
Last Action 02/29/24: to Appropriations & Revenue (H)
Title AN ACT relating to a tax credit for qualified education expenses.
Bill Documents Introduced
Fiscal Impact Statement Fiscal Note
Bill Request Number 1902
Sponsors W. Lawrence, D. Frazier Gordon, S. Bratcher, T. Truett, N. Wilson
Summary of Original Version Create a new section of KRS Chapter 141 to establish a refundable tax credit for a dependent's qualified education expenses paid or incurred during the taxable year, not to exceed $150 per dependent; amend KRS 141.0205 to order the tax credit; amend KRS 131.190 to allow the Department of Revenue to report on the tax credit.
Index Headings of Original Version Education, Elementary and Secondary - Refundable tax credit, dependent's qualified education expenses
Taxation - Qualified education expenses, individual income tax credit
Taxation, Income--Individual - Dependent's qualified education expenses, refundable tax credit
Fiscal Note - Refundable tax credit, dependent's qualified education expenses

Actions

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02/15/24
  • introduced in House
  • to Committee on Committees (H)
02/29/24
  • to Appropriations & Revenue (H)


Last updated: 9/26/2024 1:37 PM (EDT)