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Bill > HB88
KY HB88
KY HB88AN ACT relating to the qualified elementary and secondary education scholarship federal tax credit.
summary
Introduced
01/07/2026
01/07/2026
In Committee
01/14/2026
01/14/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Create a new section of KRS Chapter 43 to elect for the Commonwealth to participate in the qualified elementary and secondary education scholarship federal tax credit program; designate the Auditor of Public Accounts as the officer to submit the Commonwealth's election and list of scholarship granting organizations to the United States Secretary of the Treasury; require the Auditor to maintain the Commonwealth's list of scholarship granting organizations and maintain certain information on the Auditor's website; authorize the Auditor to promulgate administrative regulations necessary to establish the list; and authorize the Auditor to enter into agreements to assist with implementing the section.
AI Summary
This bill establishes Kentucky's participation in a federal tax credit program designed to encourage contributions to organizations that provide scholarships for elementary and secondary education. Specifically, it designates the Auditor of Public Accounts as the state official responsible for formally electing to participate in this program, known as the "qualified elementary and secondary education scholarship federal tax credit" (referenced as 26 U.S.C. sec. 25F), and for submitting a list of approved "scholarship granting organizations" within Kentucky to the U.S. Secretary of the Treasury. The Auditor will maintain this list of organizations, which are entities that receive donations eligible for the federal tax credit, and publish it on their website, along with any necessary administrative regulations they create to govern the application process for organizations seeking to be on this list. The Auditor is also authorized to collaborate with other state agencies to help implement these provisions.
Committee Categories
Education
Sponsors (12)
T.J. Roberts (R)*,
Kim Banta (R),
Emily Callaway (R),
Josh Calloway (R),
John Hodgson (R),
Thomas Huff (R),
Chris Lewis (R),
Marianne Proctor (R),
Felicia Rabourn (R),
Nancy Tate (R),
Walker Thomas (R),
James Tipton (R),
Last Action
to Primary and Secondary Education (H) (on 01/14/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://apps.legislature.ky.gov/record/26RS/hb88.html |
| BillText | https://apps.legislature.ky.gov/recorddocuments/bill/26RS/hb88/orig_bill.pdf |
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