SB 0177 | Authorizes state income tax deduction for school tuition, attendance fees, supplies and transportation costs |
Sponsor: | Schneider | |||
LR Number: | 0641S.01I | Fiscal Note: | 0641-01 | |
Committee: | Ways and Means | |||
Last Action: | 02/08/01 - Voted Do Pass S Ways & Means Committee | Journal page: | ||
Title: | ||||
Effective Date: | January 1, 2002 | |||
SB 177 - This act authorizes a state income tax deduction, for both individuals and corporate taxpayers, for the costs of school tuition, attendance fees, school supplies or transportation costs for students in grades nine through twelve. The deduction is capped at $2,500 per dependent.
The act is identical to SB 599 (2000).
DAVID VALENTINE