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IN HB1169
Bill
Status
Introduced
1/5/2026
Primary Sponsor
Sheila Klinker
Click for details
AI Summary
- Increases the maximum Indiana 529 college savings plan tax credit from $1,500 to $2,500 for single filers and married couples filing jointly, and from $750 to $1,250 for married individuals filing separately
- Credit remains calculated as 20% of total contributions to Indiana 529 plan accounts during the taxable year, up to the new maximum limits
- Effective January 1, 2027, applying to taxable years beginning after December 31, 2026
- Amends IC 6-3-3-12 governing the existing college savings tax credit program
Legislative Description
College savings tax credit.
Last Action
First reading: referred to Committee on Ways and Means
1/5/2026
Committee Referrals
Ways and Means1/5/2026
Full Bill Text
No bill text available