IN HB1215 | 2020 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 13 2020 - 25% progression, died in committee
Action: 2020-01-27 - Representative Hamilton added as coauthor
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 13 2020 - 25% progression, died in committee
Action: 2020-01-27 - Representative Hamilton added as coauthor
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Education foundation tax credit. Provides for an adjusted gross income tax credit for donations to 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.
Title
Education foundation tax credit.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-01-27 | House | Representative Hamilton added as coauthor |
| 2020-01-13 | House | First reading: referred to Committee on Ways and Means |
| 2020-01-13 | House | Authored by Representative Beck |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2020/bills/house/1215/details |
| Text | http://iga.in.gov/static-documents/b/8/3/4/b8344f19/HB1215.01.INTR.pdf |
