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Kentucky bills · 2026 Regular Session

Kentucky HB 131

AN ACT relating to a tax credit for Kentucky Educational Savings Plan Trust account contributions.

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To Governor
  6. Became law

Sponsors

No sponsor recorded.

Summary

Official abstract published by the Kentucky legislature· Summary of Original Version

Create a new section of KRS Chapter 141 to establish a nonrefundable credit against the tax imposed under KRS 141.020 for qualifying contributions made to a Kentucky Educational Savings Plan trust account in accordance with the guidelines in 26 U.S.C. sec. 529; for taxable years beginning on or after January 1, 2027, but before January 1, 2031; amend KRS 141.0205 to provide the ordering of the tax credit; amend KRS 131.190 to allow the department to report on the credit.

Text versions

Roll-call votes

No recorded votes on this bill.

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