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SB15-045: Tax Credits For Nonpublic Education

Freedom of Expression & Religion | Student and Youth Rights
Bill Number: SB15-045
Year: 2015
ACLU Position: Oppose
Sponsors: Lundberg

Description:

The bill establishes a private school tuition income tax credit for income tax years commencing on or after January 1, 2016, that allows any taxpayer to claim a credit when the taxpayer enrolls a dependent qualified child in a private school or the taxpayer provides a scholarship to a qualified child for enrollment in a private school and the private school issues the taxpayer a credit certificate for either enrolling a dependent qualified child in the private school or providing a scholarship to a qualified child for enrollment in the private school.

The credit may be carried forward for 3 years but not refunded, and the department of revenue is granted rule-making authority. The amount of the credit is:
• For any qualified child attending a private school on a full-time basis as described in the state board of education rules, an amount equal to either the tuition paid or the scholarship provided to a qualified child, as applicable, or 50% of the previous year’s state average per pupil revenues, whichever is less; and
• For any qualified child attending a private school on a half-time basis as described in the state board of education rules, an amount equal to either the tuition paid or the
scholarship provided to a qualified child, as applicable, or 25% of the previous year’s state average per pupil revenues, whichever is less.

The bill establishes an income tax credit for income tax years commencing on or after January 1, 2016, that allows any taxpayer who uses home-based education for a qualified child to claim an income tax credit:
• In an amount equal to $1,000 for a taxpayer who uses home-based education for a qualified child who was enrolled on a full-time basis as described in the state board
of education rules in a public school in the state prior to being taught at home; and
• In an amount equal to $500 for a taxpayer who uses home-based education for a qualified child who was enrolled on a half-time basis as described in the state board
of education rules in a public school in the state prior to being taught at home.

The credit may be carried forward for 3 years but not refunded.


Current Status:

04/27/2015 - House Committee on Education Postpone Indefinitely
03/30/2015 - Introduced In House - Assigned to Education + Finance
03/23/2015 - Senate Second Reading Laid Over Daily - No Amendments
03/19/2015 - Senate Second Reading Laid Over Daily - No Amendments
02/10/2015 - Senate Committee on Finance Refer Unamended to Appropriations
01/07/2015 - Introduced In Senate - Assigned to Education



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