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Introduced Senate Bill (S)

Co-Authored by

DIGEST

Income tax credit for K-12 education donations. Provides a 50% income tax credit to donors who donate to a public school foundation. Sets forth standards that apply to taking the credit and to public school foundations that receive contributions. Limits the total credits that may be claimed during a state fiscal year using a three year phase in period. Income tax credit for K-12 education donations. Provides a 50% income tax credit to donors who donate to a public school foundation. Sets forth standards that apply to taking the credit and to public school foundations that receive contributions. Limits the total credits that may be claimed during a state fiscal year using a three year phase in period.