Kentucky Revised Statutes Title XI. Revenue and Taxation § 141.502.Definitions for KRS 141.500 to 141.528 (See LRC Note below)

(1) “Account-granting organization” or “AGO” means a nonprofit organization that complies with the requirements of KRS 141.500 to 141.528 and:

(2) “Contribution” means a donation in the form of cash or marketable securities that is eligible for the tax credit permitted by KRS 141.522;

(3) “Curriculum” means a complete course of study for a particular content area or grade level;

(4) “Education opportunity account” or “EOA” means the account to which funds are allocated by an AGO to the parent of an EOA student in order to pay for expenses to educate the EOA student pursuant to the requirements of KRS 141.500 to 141.528;

(5) “Education service provider” means a person or organization that receives payments from an EOA to provide educational materials and services to EOA students;

(6) “Eligible student” means a resident of Kentucky who:

(7) “Eligible taxpayer” means an individual or business, including but not limited to a corporation, S corporation, partnership, limited liability company, or sole proprietorship subject to tax imposed under KRS 141.020, 141.040, or 141.0401;

(8) “EOA student” means an eligible student who is participating in the EOA program;

(9) “Income” has the same meaning as in the United States Department of Agriculture, Food and Nutrition Service, Child Nutrition Programs, Income Eligibility Guidelines, Federal Register Vol. 83, No. 89, published May 8, 2018, and as updated annually as authorized by 42 U.S.C. sec. 1758(b)(1)(A);

(10) “Intermediary organization” means a nonprofit organization that complies with the requirements of KRS 141.500 to 141.528 and receives contributions to fund AGOs; and

(11) “Parent” means a biological or adoptive parent, legal guardian, custodian, or other person with legal authority to act on behalf of an EOA student.