SENATE BILL 742

File Code: Taxes - Income

Sponsored By:

Senator McFadden

Entitled:

Teacher Incentive Act of 2006

Synopsis:

Allowing specified classroom teachers in specified public schools teaching specified subjects to claim an income tax credit of $1,500; providing that the credit may not exceed the State income tax for the taxable year and that any unused credit may not be carried over to any other taxable year; etc.

History by Legislative Date

Senate Action

2/3

First Reading Budget and Taxation

2/22

Hearing 3/8 at 1:00 p.m.

3/10

Hearing 3/17 at 1:00 p.m.

House Action

No Action

Bill indexed under the following Subjects:

INCOME TAX

PUBLIC SCHOOLS

SPECIAL EDUCATION

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