Brian Buchanan
- Republican
- Senator
- District 7
Author
Provides a 25% state tax credit for contributions made to a public school foundation for taxable years beginning after December 31, 2023, and before January 1, 2026. Provides that the amount allowable as a credit in a taxable year may not exceed: (1) $1,000 in the case of an individual filing a single return or a corporation; or (2) $2,000 in the case of a married couple filing a joint return. Provides that the maximum amount of credits that may be awarded in a state fiscal year may not exceed $100,000.
Representatives Hamilton and Pack R added as cosponsors
Representative Heaton removed as cosponsor
Representative Heaton added as cosponsor
First reading: referred to Committee on Ways and Means
Referred to the House
House sponsor: Representative Cherry
Third reading: passed; Roll Call 130: yeas 46, nays 1
Cosponsor: Representative Culp K
Senator Crane added as coauthor
Second reading: ordered engrossed
Senator Yoder added as coauthor
Senator Rogers added as third author
Committee report: amend do pass, adopted
Senator Randolph added as coauthor
First reading: referred to Committee on Tax and Fiscal Policy
Authored by Senators Buchanan and Busch
| Bill Text Versions | Format |
|---|---|
| Introduced Senate Bill (S) | |
| Senate Bill (S) |
| Document | Format |
|---|---|
| Fiscal Note: SB0260.02.COMS.FN001 | |
| Fiscal Note: SB0260.02.COMS.FN002 | |
| Fiscal Note: SB0260.02.COMS.FN003 |
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