IN SB0232 | 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 Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 10 2023 - 25% progression, died in committee
Action: 2023-01-10 - First reading: referred to Committee on Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Deduction for unreimbursed education expenditures. Adds students who attend public schools for purposes of eligibility for the unreimbursed education expenditure tax deduction. Provides that the amount of the deduction is the lesser of: (1) $1,000 multiplied by the number of the taxpayer's dependent children for whom the taxpayer made education expenditures in the taxable year; or (2) the total amount of actual unreimbursed education expenditures that the taxpayer incurs for each of the taxpayer's dependent children in the taxable year. (Under current law the amount is $1,000 multiplied by the number of the taxpayer's dependent children for whom the taxpayer made education expenditures in the taxable year.) Defines "public school".
Title
Deduction for unreimbursed education expenditures.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2023-01-10 | Senate | First reading: referred to Committee on Tax and Fiscal Policy |
2023-01-10 | Senate | Authored by Senator Hunley |
Subjects
Indiana State Sources
Type | Source |
---|---|
Summary | https://iga.in.gov/legislative/2023/bills/senate/232/details |
Text | https://iga.in.gov/legislative/2023/bills/senate/232/#1.INTR |