SB 0003 Authorizes state income tax deduction for school tuition, attendance fees, supplies and transportation costs
Sponsor:Schneider
LR Number:S0527.01I Fiscal Note:0527-01
Committee:Ways and Means
Last Action:03/02/99 - Voted Do Pass S Ways & Means Committee Journal page:
Title:
Effective Date:January 1, 1999
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Current Bill Summary

SB 3 - This act authorizes, for all taxable years beginning on or after January 1, 1999, a state income tax deduction for school tuition, attendance fees, supplies, and transportation costs, up to a maximum of $2,500 for each dependent or pupil in grades nine through twelve. The deduction may be taken by individual and corporate taxpayers.

The act is similar to SB 601 (1998).
RUSS HEMBREE