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Tuesday, July 7, 2026

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IN · HB1331CMTE · 1 COSPONSOR

School scholarship tax credits.

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Plain-English Summary

School scholarship tax credits. Increases the percentage of the contribution allowed to be claimed for the school scholarship tax credit (tax credit) from 50% to 75%. Allows taxpayers that commit to making a contribution of at least the same amount for at least two consecutive years to claim the tax credit in an amount equal to 90% of the amount of the contribution. Increases the total amount of tax credits that may be awarded for a state fiscal year from $18,500,000 to $80,000,000. Provides a c…

Source: OpenStates · fetched January 6, 2026

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