SB 0983 | Authorizes income tax deduction for tuition and school expenses for children in elementary and secondary schools |
Sponsor: | Yeckel | |||
LR Number: | S4030.01I | Fiscal Note: | 4030-01 | |
Committee: | Ways and Means | |||
Last Action: | 03/10/98 - Hearing Conducted S Ways & Means Committee | Journal page: | ||
Title: | ||||
Effective Date: | January 1, 1999 | |||
SB 983 - This act authorizes an income tax deduction for tuition, attendance fees and school supplies paid by a taxpayer for any dependent attending grades kindergarten through twelve. The deduction is capped at $1,000 per dependent.
The act has an effective date of January 1, 1999, and
applies to all taxable years after December 31, 1998.
RUSS HEMBREE