Bill number does not exist. Enter a vaild keyword.

Legislation


1999 Regular Session

SENATE BILL 471

File Code: Income Crossfiled with: HOUSE BILL 535
Sponsored By:
Senator McFadden
Entitled:
State Income Tax Credits for Charitable Giving

Synopsis:

Allowing a credit against the State income tax for 10% of the amount by which an individual's charitable contributions for a taxable year exceed 4% of adjusted gross income; limiting the credit to the State income tax otherwise imposed for the taxable year; and applying the Act to tax years after 1998.

History by Legislative Date

Senate Action
2/5
First Reading Budget and Taxation
2/10
Hearing 2/24 at 1:30 p.m.
2/17
Hearing cancelled
2/24
Hearing 3/17 at 1:30 p.m.
3/22
Withdrawn
House Action
No Action
Bill indexed under the following Subjects:
GIFTS
INCOME TAX
TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statute:
Tax - General
( 10-712 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)

Amendments: None offered
Click to return on the top page