College savings tax credit. Beginning in taxable year 2025, increases the credit provided for a contribution to a college choice 529 education savings plan against a taxpayer's adjusted gross income from $1,500 to $2,000 (and from $750 to $1,000 in the case of a married individual filing a separate return), subject to other requirements.
Authored by Representative Klinker |
Title | Description | Date | View |
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Fiscal Note | Fiscal Note #1: Introduced | 2023-12-22 | Click To View |