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2017 SESSION

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SB 1167 Education programs; allocation of unissued tax credits.

Introduced by: Bill R. DeSteph, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Tax credits related to education; aggregate cap. Allocates 20 percent of any unissued credits in a fiscal year under the Education Improvement Scholarships tax credit program to the Superintendent of Public Instruction to be allocated to education programs under the Neighborhood Assistance Act tax credit program during the next fiscal year. The 20 percent of unissued credits would be added to the current $9 million cap for education programs under the Neighborhood Assistance Act tax credit program.


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