SB 20 - Shields, Charles
Creates a tax credit for teachers' related out-of-pocket expenses
Bill Details
Sponsor
LR Number
0432S.01I
Title
SB 20
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2005
Committee
Current Status
Hearing Conducted S Education Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 20 - This act creates an individual income tax credit of up to $250 for instructional materials purchased by a teacher used in the course of that teacher's employment. The credit will apply to tax year 2005 and thereafter. The Department of Revenue is authorized to promulgate rules to govern the details of this credit.
This act is similar to HB 1222 (2002), SB 94 (2003) and SB 868 (2004).
JASON ZAMKUS