Bill Text: IN SB0235 | 2018 | Regular Session | Amended
Bill Title: Tax credit for education contributions. Provides for an adjusted gross income tax credit for donations to: (1) a public elementary school or public secondary school; or (2) a public school foundation. Provides that the maximum individual taxpayer credit is $1,000 in the case of a single return or $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: Bipartisan Bill
Status: (Introduced - Dead) 2018-02-05 - Senator Tallian added as coauthor [SB0235 Detail]
Download: Indiana-2018-SB0235-Amended.pdf