Kentucky HB1 implements the federal education opportunity program in Kentucky.
Kentucky HB1 implements the federal education opportunity program in Kentucky by allowing the state to participate in the qualified elementary and secondary education scholarship federal tax credit. The Secretary of State is responsible for notifying the United States Secretary of the Treasury of the Commonwealth's participation and submitting a list of scholarship granting organizations. The bill also outlines specific exclusions and inclusions for income and deductions, and allows for the collection of fees and private contributions to cover administrative costs.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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