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2015 SESSION

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HB 2311 Education improvement scholarships tax credit; reporting requirement.

Introduced by: James P. "Jimmie" Massie, III | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Education improvement scholarships tax credit; reporting requirement. Makes the required report of contributions qualifying for the credit and scholarships awarded from such contributions a calendar year report. The report currently is based on each scholarship foundation's fiscal year. This change will enable the Department of Education to determine whether a scholarship foundation has complied with the statutory requirement to disburse at least 90 percent of its tax-credit-derived funds received during each 12-month period ending on June 30 by the following June 30 for educational scholarships.

FULL TEXT

• 01/22/15  House: Presented and ordered printed 15101404D  pdf | impact statement

HISTORY

• 01/22/15  House: Presented and ordered printed 15101404D
• 01/22/15  House: Referred to Committee on Finance
• 01/27/15  House: Assigned Finance sub: Subcommittee #2
• 01/28/15  House: Subcommittee recommends reporting (10-Y 0-N)
• 02/04/15  House: Stricken from docket by Finance by voice vote