HB 1039 Indiana House · 2024 Regular Session

College savings tax credit.

Summary
Beginning in taxable year 2025, increases the credit provided for a contribution to a college choice 529 education savings plan against a taxpayer's adjusted gross income from $1,500 to $2,000 (and from $750 to $1,000 in the case of a married individual filing a separate return), subject to other requirements.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 8, 2024 Last action Jan 8, 2024
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1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Sheila Klinker
Sheila Klinker
DDemocratic
IN
27