AN ACT relating to income tax deductions for education expenses. Amend KRS 141.010 to exclude contributions to 529 plan or STABLE account or eligible education expenses from adjusted gross income; amend KRS 164A.370 to subject excess contributions to and refunds of 529 plans to income tax; create new sections of KRS Chapter 164A to require reporting of information relating to deductions for 529 plan or STABLE account contributions to Department of Revenue and Legislative Research Commission; define terms relating to STABLE accounts; create a new section of KRS Chapter 141 to define terms relating to eligible education expenses; amend KRS 131.190 to allow the Department of Revenue to disclose information to the Legislative Research Commission; amend various KRS sections to conform.