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SB18-083 Education Income Tax Credits For Nonpublic School

Freedom of Expression & Religion | Student and Youth Rights
Bill Number: SB18-083
Year: 2018
ACLU Position: Active Oppose
Sponsors: K. Ransom/K. Lundberg

Description:

The bill establishes a private school tuition income tax credit
commencing on or after January 1, 2019, that allows any taxpayer to
claim a credit when the taxpayer enrolls a qualified child in a private
school or the taxpayer provides a scholarship to a qualified child for
enrollment in a private school. The private school issues the taxpayer a
credit certificate and the amount of the credit is:

• For full-time attendance, 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 half-time attendance, 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 also establishes an income tax credit commencing on or
after January 1, 2019, 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 in a
public school in the state prior to being taught at home; and
• $500 for a taxpayer who uses home-based education for a
qualified child who was enrolled on a half-time basis in a
public school in the state prior to being taught at home.
Both credits may be carried forward for 3 years but may not be
refunded. In addition, the credits may be transferred, subject to certain
limitations.


Current Status:

Senate Committee on Finance Refer Unamended to Appropriations (02/06/2018)
Introduced In Senate - Assigned to Finance (01/12/2018)



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