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IN HB1144

Bill

Official Source

Status

Introduced

1/7/2019

Primary Sponsor

Robin Shackleford

Click for details

Origin

House of Representatives

2019 Regular Session

AI Summary

  • Increases the Indiana income tax credit for teachers' classroom supply expenses from $100 to $500 per taxable year
  • Applies to individuals employed as teachers under IC 20-18-2-22(a) who purchase qualifying classroom supplies as defined by IRS Section 62(a)(2)(D)
  • Effective retroactively to January 1, 2019, applying to taxable years beginning after December 31, 2018
  • Credit cannot exceed the individual's adjusted gross income tax liability and cannot be carried forward, carried back, or refunded
  • Declared an emergency act; introduced by Representative Shackleford and referred to Committee on Ways and Means

Legislative Description

Tax credit for classroom supplies. Increases the income tax credit for an individual employed as a teacher for amounts expended on classroom supplies from $100 to $500 per taxable year.

Last Action

Representative Porter added as coauthor

1/22/2019

Committee Referrals

Ways and Means1/7/2019

Full Bill Text

No bill text available