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HB 0759 - Education tax credit; increase aggregate amount of credits

Tracking Level: Watch
Sponsor: Earl Ehrhart
Last Action: 1/21/2014 - House Second Readers
House Committee: W&M
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Staff Analysis of the Legislation

SUMMARY: LC 33 5368

The bill would raise the cap on the income tax credits available for donations to student scholarship organizations from $58 million to $100 million per tax year. It woul be applicable to the current tax year.

EFFECTIVE DATE:

Upon signature of Governor or upon becoming law without his approval.


Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text