IN SB0364 | 2018 | Regular Session
Status
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on January 4 2018 - 25% progression, died in committee
Action: 2018-01-10 - Senator Ruckelshaus added as coauthor
Pending: Senate Appropriations Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 4 2018 - 25% progression, died in committee
Action: 2018-01-10 - Senator Ruckelshaus added as coauthor
Pending: Senate Appropriations Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Income tax credit for K-12 education donations. Provides a 50% income tax credit to donors who donate to a public school foundation. Sets forth standards that apply to taking the credit and to public school foundations that receive contributions. Limits the total credits that may be claimed during a state fiscal year using a three year phase in period.
Title
Income tax credit for K-12 education donations. Provides a 50% income tax credit to donors who donate to a public school foundation. Sets forth standards that apply to taking the credit and to public school foundations that receive contributions. Limits the total credits that may be claimed during a state fiscal year using a three year phase in period.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2018-01-10 | Senate | Senator Ruckelshaus added as coauthor |
| 2018-01-04 | Senate | First reading: referred to Committee on Appropriations |
| 2018-01-04 | Senate | Authored by Senators Melton and Kruse |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2018/bills/senate/364/details |
| Text | http://iga.in.gov/static-documents/1/c/9/a/1c9a6a9f/SB0364.01.INTR.pdf |
