SB 1082 - Burger, Jamie
Modifies provisions relating to a tax credit for donated food
Bill Details
Sponsor
LR Number
5426S.01I
Title
SB 1082
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2026
Committee
Current Status
Hearing Conducted S Economic and Workforce Development Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 1082 - Current law authorizes a tax credit for donations of cash or food to local food pantries, local soup kitchens, and local homeless shelters in an amount equal to fifty percent of the value of the donation. For all tax years beginning on or after January 1, 2026, this act also authorizes a tax credit for donations of cash or food to local food banks, as defined in the act, and increases the tax credit amount to seventy percent of the value of the donation.
Additionally, the total amount of tax credits that may be authorized in a fiscal year shall not exceed $1.75 million. This act increases such amount to $3.5 million.
Finally, the act extends the sunset date from December 31, 2026, to December 31, 2032, unless reauthorized by the General Assembly.
JOSH NORBERG