Bill Text: IN HB1133 | 2019 | Regular Session | Introduced
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 - Dead) 2019-01-14 - Representative Cook added as coauthor [HB1133 Detail]
Download: Indiana-2019-HB1133-Introduced.pdf