2000 Regular Session

SENATE BILL 387

File Code: Taxes - Income Prior Year Introduction As: SB 423/99 - B&T
Sponsored By:
Senators Hogan, Middleton, Hooper, Roesser, DeGrange, Mooney, Currie, Lawlah, Munson, and Madden
Entitled:
Critical Skills Training - Income Tax Credit for Individuals and Employers

Synopsis:

Allowing an individual a State income tax credit for 30% of up to $5,000 paid by the individual during the taxable year for qualified tuition and related expenses for the individual or the individual's spouse or dependents, subject to specified limitations and conditions; allowing an employer a State income tax credit for 30% of up to $1,500 paid by the employer during the taxable year for qualified tuition and expenses for an employee; etc.

History by Legislative Date

Senate Action
2/3
First Reading Budget and Taxation
2/9
Hearing 2/16 at 1:30 p.m.
House Action
No Action
Sponsored by:
Senator Patrick J. Hogan, District 39
Senator Ulysses Currie, District 25
Senator James E. DeGrange, Sr., District 32
Senator J. Robert Hooper, District 35
Senator Gloria Lawlah, District 26
Senator Martin G. Madden, District 13
Senator Thomas M. Middleton, District 28
Senator Alexander X. Mooney, District 3
Senator Donald F. Munson, District 2
Senator Jean W. Roesser, District 15
Bill indexed under the following Subjects:
COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc
EDUCATION -see also- DRIVER ED; HIGHER ED; SPECIAL ED; etc
FEES -see also- DEVELOPMENT FEES AND TAXES
HIGHER EDUCATION -see also- COMM COLLEGES; MED SCHOOLS; etc.
HIGHER EDUCATION COMMISSION
INCOME TAX
JOB TRAINING
LICENSE PLATES
REPORTS
RULES AND REGULATIONS
TAX CREDITS -see also- CIRCUIT BREAKER
TUITION
WORK, LABOR AND EMPLOYMENT -see also- COL BARG; HOLIDAY; etc
Bill affects the following Statute:
Tax - General
( 10-718 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered