141.524 Report by department on Education Opportunity Account Program.

194 words·~1 min read·/ky/chapter-141/141-524

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(See

LRC Note below) The department shall provide the following information to the Interim Joint Committee on Appropriations and Revenue no later than November 1, 2022, and no later than November 1 of each year thereafter as long as the tax credit permitted by KRS 141.522 is taken:

(1)All information contained in each annual report filed by an AGO as required by

KRS 141.510 and the administrative regulations promulgated thereunder, with each

eligible student's identifying information removed and replaced with an assigned

unique identification number;

(2)The number and total amount of EOAs awarded by AGOs to EOA students

reported by household income range intervals of five thousand dollars ($5,000);

(3)The number and total amount of EOAs awarded by AGOs to EOA students:

(a)Who are currently in the Commonwealth's foster care program;

(b)Who have previously received an EOA under this section; and

(c)Who are members of a household in which a student has previously received

an EOA under this section; and

(4)Any other information that may be necessary to assist the members of the General

Assembly in determining that the purposes of this tax credit are being fulfilled.