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2016 SESSION
SB 151 Teachers; expenses tax credit for materials used in teaching.
Introduced by: Bryce E. Reeves | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Teacher expenses tax credit. Creates a tax credit, for taxable years beginning on or after January 1, 2017, of up to $500 for teachers who paid for materials used in teaching students in an elementary or secondary school, provided that such payments were not reimbursed or claimed as a deduction on the teacher's federal tax return.
FULL TEXT
HISTORY
- 12/29/15 Senate: Prefiled and ordered printed; offered 01/13/16 16101647D
- 12/29/15 Senate: Referred to Committee on Finance
- 02/09/16 Senate: Passed by indefinitely in Finance (15-Y 0-N)