SENATE BILL 350

File Code: Taxes - Miscellaneous

Sponsored By:

Senators Pipkin, Brinkley, Greenip, Haines, Harris, Hooper, Jacobs, Kittleman, Mooney, and Munson

Entitled:

Income Tax Checkoff System - Tax Me More Voluntary Account

Synopsis:

Establishing an Education Trust Fund; establishing a Tax Me More Voluntary Account to provide individuals an opportunity for voluntary payments of additional State income tax through contributions to the Account; requiring the State Comptroller to include on individual income tax returns a checkoff option allowing for a contribution to the Account; allowing individuals to deduct a contribution from an income tax refund or add the contribution to income tax to be paid; etc.

History by Legislative Date

Senate Action

2/4

First Reading Budget and Taxation

3/10

Hearing 3/24 at 1:00 p.m.

3/29

Unfavorable Report by Budget and Taxation

House Action

No Action

Sponsored by:

Senator E. J. Pipkin, District 36

Senator David R. Brinkley, District 4

Senator Janet Greenip, District 33

Senator Larry E. Haines, District 5

Senator Andrew P. Harris, District 7

Senator J. Robert Hooper, District 35

Senator Nancy Jacobs, District 34

Senator Robert H. Kittleman, District 9

Senator Alexander X. Mooney, District 3

Senator Donald F. Munson, District 2

Bill indexed under the following Subjects:

COMPTROLLER

EDUCATION -see also- DRIVER ED; HIGHER ED; SPECIAL ED; etc

FORMS

GIFTS

INCOME TAX

PUBLIC SCHOOLS

STATE AID

Bill affects the following Statutes:

Education

( 5-201.1 )

Tax - General

( 2-112 , 10-804 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered