Increases the credit amount and the income eligibility cap thresholds for the income tax credit for low-income household renters by using tax brackets. Provides for inflation increases every three years based on the consumer price index. Effective 7/1/2050. (SD2)

Statutes affected:
SB302: 235-55.7
SB302 SD1: 235-55.7
SB302 SD2: 235-55.7