HB 1289

  • Indiana House Bill
  • 2022 Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Income tax credit for donations.

Bill Subjects

Income Taxes, Credits

Abstract

Provides for an adjusted gross income tax credit for donations to a public school foundation. Provides that the maximum individual taxpayer credit is $2,000 in the case of a single return and $4,000 in the case of a joint return. Provides that the maximum corporate taxpayer credit is the greater of 10% of the corporation's total adjusted gross income tax liability or $10,000. Makes the credit refundable.

Bill Sponsors (1)

Votes


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Actions


Jan 10, 2022

House

Authored by Representative Hamilton

House

First reading: referred to Committee on Ways and Means

  • Reading-1
  • Referral-Committee
ways and means

Bill Text

Bill Text Versions Format
Introduced House Bill (H) PDF

Related Documents

Document Format
Fiscal Note: HB1289.01.INTR.FN001 PDF

Sources

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