HI HCR333

Department of Education shall report to the Legislature on the volume and nature of goods and services needed to be donated to remote schools being considered for closure in exchange for tax credits to keep those schools viable.

Tax credit program would allow taxpayers to receive a percentage-based credit for donations of tangible goods or services to rural schools facing closure.

Department of Education to consult with Department of Taxation to develop necessary tax credit certification and tax reporting procedures.

Department of Education to report findings, recommendations, and proposed legislation to the Legislature no later than twenty days before the 2011 Regular Session convening.

Certified copies of the concurrent resolution to be transmitted to the Governor, Superintendent of Education, Board of Education Chairperson, and Director of Taxation.