Kentucky HB 382: AN ACT relating to taxation. Amend KRS 141.010 to allow an exclusion from adjusted gross income for payments made by an employer to an employee's student loan balance up to $5,250 per year; define qualified education loan; amend KRS 131.190 to allow the Department of Revenue to report deduction and credit information to the Legislative Research Commission; require the Department of Revenue to report information related to the student loan benefits deduction to the Legislative Research Commission; amend various sections of KRS Chapters 131 and 141 to conform.
Status: To Appropriations & Revenue (H) (as of 2017-02-16)
State: Kentucky · Session: 2017RS · Bill: HB 382
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