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IN HB1425

Bill

Official Source

Status

Introduced

1/8/2026

Primary Sponsor

Hunter Smith

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Creates a state tax credit for contributions to qualified nonprofits providing comprehensive case management for at-risk families, family support services, fatherhood parenting programs, and mother support/child development programs
  • Credit equals the lesser of total designated contributions or 50% of the taxpayer's state tax liability, with a maximum credit of $1,000,000 per taxpayer per year
  • Total statewide credits capped at $5,000,000 per fiscal year, awarded first-come, first-served, with unused credits carrying forward to future years
  • Qualifying nonprofits must be 501(c)(3) organizations with at least 10 years of service in Indiana, cannot provide abortion services or related information, and must limit administrative expenses to 5% of contributions
  • Effective January 1, 2027, and expires January 1, 2036

Legislative Description

Social service provider tax credit.

Last Action

First reading: referred to Committee on Ways and Means

1/8/2026

Committee Referrals

Ways and Means1/8/2026

Full Bill Text

No bill text available