KY HB28

Repeals Kentucky's Education Opportunity Account Program (KRS 141.500 through 141.528), which provided tax-credit-funded scholarship accounts for students to attend private schools or pay for other educational expenses

Removes the Education Opportunity Account Program tax credit from the ordered list of nonrefundable personal tax credits applied against individual income tax under KRS 141.020

Removes the Education Opportunity Account Program tax credit from the ordered list of nonrefundable credits applied against corporate income tax under KRS 141.040 and limited liability entity tax under KRS 141.0401

Eliminates the requirement for the Department of Revenue to provide information to the Legislative Research Commission regarding the Education Opportunity Account Program credit under KRS 141.524

Makes conforming amendments to KRS 131.190 (taxpayer confidentiality provisions) by removing references to the repealed Education Opportunity Account Program reporting requirements