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IN HB1520
Bill
Status
Introduced
1/20/2011
Primary Sponsor
Rochelle VanDenburgh
Click for details
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