2012 Regular Session


File Code: Taxes - Income Crossfiled with: HOUSE BILL 1216
Sponsored By:
Senators DeGrange, Astle, Brinkley, Colburn, Dyson, McFadden, and Peters
Partnership for Student Education and Community Investment Tax Credit


Providing a tax credit against the State income tax for contributions made to specified student assistance organizations; requiring the Department of Business and Economic Development to administer the tax credit; requiring specified entities to submit an application to be a student assistance organization by January 1 of each year; establishing the Partnership for Student Education and Community Investment Tax Credit Reserve Fund; applying the Act to taxable years beginning after December 31, 2011; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.
Senate Action
First Reading Budget and Taxation
Hearing 3/16 at 1:00 p.m.
Hearing cancelled
Hearing 3/14 at 1:00 p.m.
Hearing 3/19 at 2:00 p.m.
House Action
No Action

Sponsored by:

Senator James E. DeGrange, Sr., District 32
Senator John C. Astle, District 30
Senator David R. Brinkley, District 4
Senator Richard F. Colburn, District 37
Senator Roy P. Dyson, District 29
Senator Nathaniel J. McFadden, District 45
Senator Douglas J. J. Peters, District 23

Bill indexed under the following Subjects:

Business and Economic Development, Department of
Income Tax
Nonprofit Organizations
Private Schools
Public Information
Public Schools
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Rules and Regulations
Scholarships and Student Financial Aid
Tax Credits -see also- Circuit Breaker

Bill affects the following Statutes:

Tax - General
( 10-205 , 10-205 , 10-306 , 10-731 )


All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered