Kentucky SB 36: AN ACT relating to opportunities in education and making an appropriation therefor. Create a new section of KRS Chapter 141 to establish a separate income tax credit for tuition assistance based on contributions made to a qualified scholarship-granting organization; create a new section of KRS Chapter 141 to provide goals and reporting of metrics related to those goals; amend KRS 141.0205 to establish the order in which the credits may be taken; create a new section of KRS 136.500 to 136.575 to allow financial institutions to take the tax credit against the tax imposed by KRS 136.505; create a new section of KRS 136.500 to 136.575 to order all tax credits; create a new section of KRS Chapter 156 to require the Kentucky Department of Education to publish a list of certified nonpublic schools and nonpublic schools seeking certification; require the Department of Revenue to report information to the Legislative Research Commission; amend KRS 131.190, 131.135, 131.618, 131.650, 131.990, 141.389, and 131.020 to conform.
Status: To Education (S) (as of 2018-01-03)
State: Kentucky · Session: 2018RS · Bill: SB 36
Sponsors: D. Seum, D. Thayer, M. Wilson, M. Wise, R. Alvarado
View Kentucky SB 36 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.