SB 647 - Sifton, Scott
Raises the fiscal year cap on the Food Pantry Tax Credit from $1.25 million to $2 million
Bill Details
Sponsor
LR Number
4968S.01I
Title
SB 647
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2014
Current Status
Bill Combined (w/SCS SBs 638 & 647)
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 647 - Currently, taxpayers that make donations to food pantries may be eligible for an income tax credit. The amount of food pantry tax credits that may be issued in a fiscal year is limited to $1.25 million. This act raises the cap to $2 million, beginning with the 2015 fiscal year.
MIKE HAMMANN