Digest: The Act raises the cap on total tax credits allowed for IDA donations. (Flesch Readability Score: 63.4). Increases the aggregate amount of tax credits allowed to taxpayers in a tax year for donations for individual development accounts. Aligns the date by which donations must be made to qualify for a credit with the underlying sunset date for the credit.

Statutes affected:
Introduced: 458.690
A-Engrossed: 315.271
B-Engrossed: 315.271