| Last Action | 02/04/25: to Appropriations & Revenue (H) |
|---|---|
| Title | AN ACT relating to contributions made to a Kentucky qualified expense program. |
| Bill Documents | Introduced |
| Bill Request Number | 353 |
| Sponsor | R. Duvall |
| Summary of Original Version | Create a new section to KRS Chapter 141 to provide employers a tax credit for contributions to an employee's Kentucky Educational Savings Plan Trust account or STABLE Kentucky account; amend KRS 141.0205 to specify ordering of the credit; amend KRS 131.190 to allow the Department of Revenue to report on the credit. |
| Index Headings of Original Version |
Disabilities and the Disabled - Employer contributions to a STABLE Kentucky account, income tax credit Education, Elementary and Secondary - Employer contributions to Kentucky Educational Savings Plan Trust, income tax credit Education, Higher - Employer contributions to Kentucky Educational Savings Plan Trust, income tax credit Fiscal Note - Contributions to Kentucky Educational Savings Plan Trust, tax deduction Taxation - Employer contributions to Kentucky Educational Savings Plan Trust, income tax credit Taxation - Employer contributions to STABLE Kentucky account, income tax credit Taxation, Income--Corporate - Employer contributions, Kentucky Educational Savings Plan Trust and STABLE Kentucky, tax credit Taxation, Income--Individual - Contributions to Kentucky Educational Savings Plan Trust and STABLE account, tax credit |
| 01/09/25 |
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| 02/04/25 |
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Last updated: 2/7/2025 3:52 PM (EST)