SENATE BILL 133

File Code: Taxes - Income Crossfiled with: HOUSE BILL 178

Sponsored By:

Senator Middleton

Entitled:

Income Tax - State and County Income Tax Credit for New Teachers

Synopsis:

Allowing specified classroom teachers to claim an income tax credit in the amount of $1,200 if the individual meets specified requirements; providing that the tax credit may not be claimed unless the governing body of the county where the individual is employed as a classroom teacher has authorized the tax credit by law; providing for the crediting of the tax credit between the State income tax and county income tax; applying the Act to tax years after 2006; etc.

History by Legislative Date

Senate Action

1/18

First Reading Budget and Taxation

3/8

Hearing 3/21 at 1:00 p.m.

House Action

No Action

Bill indexed under the following Subjects:

COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES

INCOME TAX

TAX CREDITS -see also- CIRCUIT BREAKER

TEACHERS

Bill affects the following Statute:

Tax - General

( 10-726 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered