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IN HB1520

Bill

Status

Introduced

1/20/2011

Primary Sponsor

Rochelle VanDenburgh

Click for details

Origin

House of Representatives

2011 Regular Session

AI Summary

  • Allows Indiana taxpayers to designate all or part of their income tax refund to be donated to a school technology fund of a school corporation, in addition to the existing nongame fund option
  • Permits taxpayers to restrict their school technology fund donation for use by a specific public school within the school corporation
  • Creates a new option for taxpayers to make voluntary contributions to designated funds beyond their refund amount, with a minimum contribution of $1
  • Requires proportionate reduction of donations across all designated funds if the taxpayer's refund is less than the total amount designated for donation
  • Effective date: July 1, 2011

Legislative Description

Donate income tax refund to public schools.

Last Action

First reading: referred to Committee on Ways and Means

1/20/2011

Full Bill Text

No bill text available