SB 94 Indiana Senate · 2020 Regular Session

Tax credit for education donations.

Summary
Provides for an adjusted gross income tax credit for donations to a public school foundation or school corporation. Provides that the maximum individual taxpayer credit is $1,000 in the case of a single return and $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.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2020
Committee Review
Floor Vote
Governor
Introduced Jan 6, 2020 Last action Jan 9, 2020
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3 primary · 2 co-sponsors

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