IN HB1233 | 2023 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 10 2023 - 25% progression, died in committee
Action: 2023-01-10 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

College savings tax credit. Beginning in taxable year 2024, increases the credit provided for a contribution to a college choice 529 education savings plan against a taxpayer's adjusted gross income from $1,500 to $2,000 (and from $750 to $1,000 in the case of a married individual filing a separate return), subject to other requirements.

Tracking Information

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Title

College savings tax credit.

Sponsors


History

DateChamberAction
2023-01-10HouseFirst reading: referred to Committee on Ways and Means
2023-01-10HouseAuthored by Representative Klinker

Subjects


Indiana State Sources


Bill Comments

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