HB 305 KY
AN ACT relating to educational opportunity accounts.
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Summary
Amend KRS 141.502 to update definition of "eligible student" to increase the limit of not more than 250% of the amount of household income necessary to establish eligibility for reduced-price meals; amend KRS 141.504 to allow funds in an education opportunity account to also be used for tuition or fees to attend a prekindergarten to grade twelve nonpublic school and remove the requirements for individuals to be residents of counties of 90,000 or more to utilize the funds for nonpublic schools; amend KRS 141.510 to require a copy of the account granting organization's determination letter granting them 501(c)(3) status to be submitted with their application; amend KRS 141.512 to allow an AGO, in the first year, to allocate less than 90 percent of the total annual contributions to EOAs; amend KRS 141.522 to delete the sunset provision from the tax credit for contributions made to AGOs; increase credit cap from $25,000,000 to $100,000,000 with certain stipulations.
Sponsors (24)
- J. Calloway Republican · primary
- F. Rabourn Republican · primary
- S. Baker Republican · primary
- K. Banta Republican · primary
- K. Bratcher · primary
- J. Decker Republican · primary
- R. Dotson Republican · primary
- J. Fischer · primary
- D. Fister Republican · primary
- D. Hale Republican · primary
- M. Hart Republican · primary
- R. Heath · primary
- M. Lockett Republican · primary
- S. Maddox Republican · primary
- C. McCoy · primary
- K. Moser Republican · primary
- D. Osborne Republican · primary
- P. Pratt · primary
- M. Prunty · primary
- S. Santoro · primary
- S. Sharp Republican · primary
- N. Tate Republican · primary
- W. Thomas Republican · primary
- J. Tipton Republican · primary
Action history (3)
- Jan 13, 2022 introduced in House · lower
- Jan 13, 2022 to Committee on Committees (H) · lower
- Jan 31, 2022 floor amendment (1) filed · lower
Text versions (1)
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