HB28

Kentucky HB28 amends the Education Opportunity Account Program to establish tax credits and regulations.

Kentucky HB28 amends the Education Opportunity Account Program to establish tax credits and regulations. The bill outlines the priority of tax credits for businesses and individuals, detailing the application process for education opportunity accounts. It also specifies the duration of these accounts and the restrictions on their use. The bill mandates annual publications on the department's website and requires audits of account-granting organizations by the department. It further details the system of payments to education service providers and the approval process for these providers.