Bill No. HB1331
Bill ID
2065719
State
IN
Title
School scholarship tax credits.
Description
School scholarship tax credits. Increases the percentage of the contribution allowed to be claimed for the school scholarship tax credit (tax credit) from 50% to 75%. Allows taxpayers that commit to making a contribution of at least the same amount for at least two consecutive years to claim the tax credit in an amount equal to 90% of the amount of the contribution. Increases the total amount of tax credits that may be awarded for a state fiscal year from $18,500,000 to $80,000,000. Provides a calculation for an annual increase of the total amount of tax credits for future state fiscal years based on the tax credit's usage. Expands the definition of "participating school" for purposes of the certification of scholarship granting organizations by removing language providing for accreditation and administration of tests under the statewide assessment program or other norm-referenced assessment of the school's students. Requires the receipt prescribed by the department of state revenue for use in an agreement to be a scholarship granting organization to include whether a taxpayer commits to making contributions of at least the same amount for at least two consecutive years.
Bill Type
Bill
Category
Program Expansion, Change to Program, Tax Credit Vouchers
Session
2026 Regular Session
Special Session
No Data Available
Current Status
Introduced
Status Last Updated
2026-01-06
Pending Committee
Calendar
No data available
Sponsors
Texts
Votes
No data available
Amendments
No data available