| SB 0280 | Allows a tax credit for persons who contribute to unplanned pregnancy resource centers |
| Sponsor: | Yeckel | |||
| LR Number: | 0495S.01I | Fiscal Note: | 0495-01 | |
| Committee: | Ways and Means | |||
| Last Action: | 02/20/01 - SCS Voted Do Pass S Ways & Means Committee(0495S.02C) | Journal page: | ||
| Title: | ||||
| Effective Date: | August 28, 2001 | |||
SCS/SB 280 - This act allows a tax credit for contributions to support unplanned pregnancy resource centers. The credit is for 50% of the contribution, cannot exceed $50,000 per year, is not refundable but can be carried forward. No more than a total of $2 million may be claimed in credits in any one year. An unplanned pregnancy resource center is a non-residential facility that provides assistance designed to support women and encourage birth over abortion. The center must be tax exempt, must provide direct person-to-person counseling at no cost, and cannot provide abortion referrals.
This act also reduces the maximum tax credits available for
investments in transportation development in distressed
communities, from $10 million per year to $8 million per year.
ALAN KELLY