Kentucky House of Representatives bill in Session 26RS.
Status: in_committee. Latest action: January 14, 2026.
AN ACT relating to a tax credit for Kentucky Educational Savings Plan Trust account contributions.
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.
| Date | Event | Detail |
|---|---|---|
| 2026-01-07 | Introduced | Bill introduced |
| 2026-01-14 | Status | in_committee |
| 2026-01-14 | Latest Action | 01/14/26: to Appropriations & Revenue (H) |