SB0363

Find a 2015 Bill:

2015 Regular Session

 

Entitled:

Great Preschools Tax Credit Program

Sponsored by:

Senator Bates

Status:

In the Senate - Unfavorable Report by Budget and Taxation; Withdrawn


Synopsis:Allowing an individual or a corporation a credit against the State income tax for contributions to specified scholarship-granting organizations; providing for the carryover of unused credits for 3 years; requiring scholarship-granting organizations to take specified actions to be eligible for donations for which a tax credit may be claimed; requiring the Comptroller to administer the Great Preschools Tax Credit Program; applying the Act to taxable years after 2014; etc.
Analysis:Not available at this time
All Sponsors:Senators Bates, Eckardt, Edwards, Hershey, Hough, Jennings, Montgomery, Nathan-Pulliam, Ready, Salling, Serafini, and Waugh
Additional Facts:Introduced in a prior session as: HB0603 Session: 2009 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2015
Committee(s):
Budget and Taxation
Broad Subject(s):Education - Miscellaneous
Taxes - Income
Narrow Subject(s):Child Care
Comptroller
Education -see also- Driver Ed; Higher Ed; Special Ed; etc
Gifts
Income Tax
Nonprofit Organizations
Reports
Rules and Regulations
Scholarships and Student Financial Aid
Tax Credits -see also- Circuit Breaker
Statutes:Article - Tax - General
(10-737)

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Explanation of Floor Motions and Actions


November 20, 2015 7:24 P.M.