SB 814
Creates a tax credit for low-income household purchases of computers for educational purposes
Sponsor:
LR Number:
3206S.01I
Committee:
Last Action:
2/2/2006 - Voted Do Pass S Ways & Means Committee
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2006

Current Bill Summary

SB 814 - The act provides a taxpayer that meets the definition of a "qualified individual household" and has primary custody of one or more dependent children, a tax credit equal to the purchase price of a personal computer purchased by the taxpayer for educational use by such taxpayer's dependent children during tax years beginning on or after January 1, 2007. The tax credit is non-refundable, but may be carried forward for three years. The credit is available regardless of whether the taxpayer elects to take a standard deduction.

JASON ZAMKUS

Amendments