HB 255 KY Introduced
AN ACT relating to the employer student loan repayment tax credit.
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Summary
Create a new section of KRS Chapter 141 establishing the employer student loan repayment tax credit, equal to fifty percent of the amount paid by an employer on an eligible student loan of a qualified employee; amend KRS 141.0205 to order the tax credit; amend KRS 131.190 to conform.
Sponsor (1)
- N. Kulkarni Democratic · primary
Action history (2)
- Jan 8, 2022 introduced in House · lower
- Jan 8, 2022 to Committee on Committees (H) · lower
Subjects
Education, HigherLoans and CreditTaxationTaxation, Income--CorporateTaxation, Income--Individual
Text versions (1)
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