AN ACT implementing the federal education opportunity program in Kentucky.

Summary

The law makes Kentucky a participant in the federal education opportunity tax credit, letting individuals claim a credit for donations to scholarship‑granting groups. It tasks the Secretary of State with reporting the state’s participation, publishing guidance, and collecting fees to fund administration. The bill also overhauls parts of Kentucky’s income‑tax code, adding many new income exclusions and changing which deductions are allowed.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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