2006 House Bill 231 (Tax credits for donating scholarship money)

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• Introduced by Rep. Mike Harmon on January 4, 2006, to establish a nonrefundable family education tax credit program for corporations who contribute to scholarship organizations and individuals who directly pay for tuition and other educational expenses. The bill would direct the Department of Revenue to promulgate regulations and publish lists. The bill would exempt amounts received as scholarship grants from "adjusted gross income.” The bill would apply the deduction beginning with the 2006 tax year.
  • Referred to the House Appropriations and Revenue Committee on January 5, 2006.

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Introduced by Rep. Mike Harmon on January 4, 2006. New Comment