Comments: IN HB1133 | 2019 | Regular Session

Bill Title: Income tax credit for donations. Provides for an adjusted gross income tax credit for donations to a public school foundation. Provides that the maximum individual taxpayer credit is $2,000 in the case of a single return and $4,000 in the case of a joint return. Provides that the maximum corporate taxpayer credit is the greater of 10% of the corporation's total adjusted gross income tax liability or $10,000. Makes the credit refundable.

Spectrum: Bipartisan Bill

Status: (Introduced) 2019-01-14 - Representative Cook added as coauthor [HB1133 Detail]

Text: Latest bill text (Introduced) [PDF]

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