Introduced

SB 631 - This act provides a tax credit for any taxpayer who makes a contribution to an eligible provider. Eligible providers shall be organizations that provide funding for the unmet health, hunger, and hygiene needs of children in school. The tax credit shall be in an amount of fifty percent of the value of the contribution.

An eligible provider may submit an application for the tax credit to the Department of Social Services on behalf of a taxpayer, as described in the act.

The tax credits issued under this act shall be transferable and nonrefundable, but may be carried forward to any of the taxpayer's four subsequent taxable years.

This act shall sunset six years after the effective date of this act unless reauthorized by the General Assembly.

This act is identical to SB 517 (2017), and is similar to SB 948 (2016) and HB 428 (2015).

JOSHUA NORBERG


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