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Proposed Kentucky Firearm Legislation SB44

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Legislation Overview

Title: AN ACT relating to opportunities in education.

Description: Create a new section of KRS Chapter 141 to provide a nonrefundable income tax credit for contributions made to an entity exempt from taxation which supports public education; 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 both tax credits against the tax imposed by KRS 136.505; create a new section of KRS 136.500 to 136.575 to order all bank franchise tax credits.

Session: 2016 Regular Session

Last Action: to Appropriations & Revenue (S)

Last Action Date: January 7, 2016

Sponsors

Note: the first sponsor listed is normally the primary sponsor. If a sponsor's name is a hyperlink you can click on it to 'follow the money'.

5 sponsors: Ralph Alvarado; Julie Adams; Joe Bowen; John Schickel; George Wise;

Percentage of Senate sponsoring bill: 13% (5 of 38)

History
Chamber Date Action
Senate Jan 7, 2016 to Appropriations & Revenue (S)
Senate Jan 6, 2016 introduced in Senate
Texts
Type Date State Link Text
Draft not available state link bill text
Draft not available state link bill text
Amendments
Title Description Date State Link Text Adopted
There are no amendments to this bill at this time
Votes - Click on description to view vote roll call

There have not been any votes on this bill

Link: link to state bill page

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