SPONSOR: Proudie
Beginning on January 1, 2026, this bill specifies that a taxpayer will be allowed to claim a tax credit against their state tax liability in an amount equal to $1,000 if the taxpayer has converted abandoned property into an operational shelter for victims of domestic violence.
Additionally, a taxpayer will be allowed to claim a tax credit against their state tax liability in an amount equal to $500 if the taxpayer has rented residential real estate to a victim of domestic violence.
The Department of Social Services and the Department of Revenue may jointly establish rules and regulations for the administration of this bill.
Statutes affected: