Introduced

Passed House

Passed Senate

Became law

Adjourned sine die. The bill was pending when the session ended, so it did not pass.

Last action · January 21, 2026

To Appropriations & Revenue (H)

Introduced January 13, 2026

House

Adjourned Sine Die

2026 Regular Session

HB343

AN ACT relating to contributions made to a Kentucky qualified expense program.

Create a new section to KRS Chapter 141 to provide employers a tax credit for contributions to an employee's Kentucky Educational Savings Plan Trust account or STABLE Kentucky account; amend KRS 141.0205 to specify ordering of the credit; amend KRS 131.190 to allow the Department of Revenue to report on the credit.

Education, Elementary and Secondary Education, Higher Taxation Taxation, Income--Corporate Taxation, Income--Individual

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This bill would create a new Kentucky tax credit for employers who contribute money to their employees' college savings accounts (Kentucky Educational Savings Plan Trust) or STABLE Kentucky accounts, which are savings accounts designed for people with disabilities. It also sets rules for how this credit is applied and allows the Department of Revenue to report on its use. Who it may affect: employers, employees saving for education or disability-related expenses, and Kentuckians with disabilities who hold STABLE Kentucky accounts.

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