SB 437
Authorizes a tax credit for providing housing to victims of domestic violence
LR Number:
Last Action:
3/2/2023 - Second Read and Referred S Governmental Accountability Committee
Journal Page:
Effective Date:
August 28, 2023

Current Bill Summary

SB 437 - Current law allows a taxpayer to claim a tax credit for contributions made to shelters for victims of domestic violence or to rape crisis centers. For all tax years beginning on or after January 1, 2024, this act modifies such tax credit to also allow a taxpayer to claim a $1,000 tax credit if the taxpayer has converted abandoned property into an operational shelter for victims of domestic violence, and a $500 tax credit if the taxpayer has rented residential real estate to a victim of domestic violence.

This act is identical to HB 2523 (2020) and is substantially similar to a provision in SB 382 (2023).



No Amendments Found.