IN HB1240 | 2021 | Regular Session
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 14 2021 - 25% progression, died in committee
Action: 2021-01-14 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 14 2021 - 25% progression, died in committee
Action: 2021-01-14 - 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. Provides that a tax credit for contributions made to a college choice 529 education savings plan is available only for taxpayers whose gross annual income, including the gross annual income of the individual's spouse, if married, is less than $150,000. Increases the tax credit that an individual can claim for contributions made to a college choice 529 education savings plan.
Title
College savings tax credit.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2021-01-14 | House | First reading: referred to Committee on Ways and Means |
2021-01-14 | House | Coauthored by Representative Prescott |
2021-01-14 | House | Authored by Representative Teshka |