SB20-050
Eligible Educator Supplies Tax Credit
| Type | Bill |
|---|---|
| Session | 2020 Regular Session |
| Subjects |
Concerning a state income tax credit related to eligible educators' personal expenses.
Bill Summary:
Currently, under the federal educator expense deduction, an eligible educator can claim a deduction, not to exceed $250, for the purchase of school supplies and certain professional development courses.
The bill creates a state income tax credit for an eligible educator for the purchase of school supplies that qualify for the deduction that exceeds $250 but are less than $750. The amount of the credit that exceeds the educator's income taxes is refunded to the educator.
(Note: This summary applies to this bill as introduced.)
Committees
Senate
Finance
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 01/08/2020 | Introduced |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 20-050 to the Committee on Appropriations. | The motion failed on a vote of 3-4. | Vote summary |
| Postpone Senate Bill 20-050 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. | The motion passed on a vote of 4-3. | Vote summary |
| Date | Location | Action |
|---|---|---|
| 02/06/2020 | Senate | Senate Committee on Finance Postpone Indefinitely |
| 01/08/2020 | Senate | Introduced In Senate - Assigned to Finance |