Comments: IN SB0368 | 2019 | Regular Session
Bill Title: Tax credit for education donations. Provides for an adjusted gross income tax credit for donations to a public school foundation or school corporation. Provides that the maximum individual taxpayer credit is $1,000 in the case of a single return and $2,000 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.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-01-10 - First reading: referred to Committee on Appropriations [SB0368 Detail]
Text: Latest bill text (Introduced) [PDF]
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-01-10 - First reading: referred to Committee on Appropriations [SB0368 Detail]
Text: Latest bill text (Introduced) [PDF]
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