If enacted, this bill would amend current statutes regarding individual income tax credits related to contributions made to public schools. Specifically, it would remove the expiration date of June 30, 2024, for certain authorized purposes for which contributions can be made. These purposes include the acquisition of capital items, community school meal programs, student consumable health care supplies, and playground equipment and shade structures for playground equipment. The bill would also make conforming changes to ensure consistency within the statute.
The bill's provisions would take effect retroactively to July 1, 2024, thereby making the specified purposes for contributions permanent. This change aims to provide ongoing support for public schools by allowing taxpayers to continue receiving tax credits for their contributions towards these essential programs and resources.
Statutes affected: Introduced Version: 43-1089.01