HB 426

Bill Subjects

Health And Medical Services Medicaid Public Assistance Public Medical Assistance State Agencies Taxation Taxation, Income--Individual Treasurer

Abstract

Create new sections of KRS Chapter 164A to establish within the State Treasury a fund to be used to make contributions to Kentucky opportunity accounts; amend KRS 131.190 to allow the Department of Revenue to share information with the Kentucky Higher Education Assistance Authority; amend KRS 141.019 to exclude earnings from Kentucky opportunity accounts from adjusted gross income; amend KRS 205.200 to provide that ownership or activity of a Kentucky opportunity account shall not be used when conducting means-based testing for eligibility for public assistance programs.