- District 7
Provides a 25% state tax credit for contributions made to a public school foundation for taxable years beginning after December 31, 2021, and before January 1, 2024. Provides that the amount allowable as a credit in a taxable year may not exceed: (1) $1,000 in the case of an individual filing a single return or a corporation; or (2) $2,000 in the case of a married couple filing a joint return. Provides that the maximum amount of credits that may be awarded in a state fiscal year to $5,000,000.
Referred to the House
Senator Ford Jon added as coauthor
Senator Crane added as coauthor
Senator Koch added as coauthor
Third reading: passed; Roll Call 158: yeas 47, nays 2
House sponsor: Representative Manning
Cosponsor: Representative Schaibley
Second reading: ordered engrossed
Senators Raatz, Charbonneau, Rogers, Qaddoura added as coauthors
Committee report: amend do pass, adopted
Senator Bassler added as coauthor
First reading: referred to Committee on Tax and Fiscal Policy
Authored by Senators Buchanan, Houchin, Busch
|Bill Text Versions||Format|
|Introduced Senate Bill (S)|
|Senate Bill (S)|
|Fiscal Note: SB0342.02.COMS.FN001|
|Fiscal Note: SB0342.02.COMS.FN002|
|Fiscal Note: SB0342.02.COMS.FN003|
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