SB 0280 Allows a tax credit for persons who contribute to unplanned pregnancy resource centers
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:
Effective Date:August 28, 2001
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Current Bill Summary

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.