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ND HB1244
Bill
Status
1/28/2025
Primary Sponsor
Mike Schatz
Click for details
AI Summary
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Creates a North Dakota income tax credit of up to $1,000 per child per year for qualified home education expenses, reduced to $500 per child for married individuals filing separately
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Qualified expenses include books, tuition, supplementary materials, computers, electronic devices, accessories, and software/applications/subscriptions used directly for home education
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Qualifying children must be dependents under age 19 who received home education under North Dakota Century Code chapter 15.1-23 during the taxable year
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Credit is nonrefundable and cannot exceed the taxpayer's total tax liability for the year
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Effective for taxable years beginning after December 31, 2024
Legislative Description
A home education income tax credit for qualified educational expenses; and to provide an effective date.
Last Action
Second reading, failed to pass, yeas 15 nays 30
2/25/2025