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HB 0827 - Income Taxes - Expansion of Rural Hospital Organization Tax Credit
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Tracking Level: Support
Sponsor: Trey Kelley (R)
Last Action: 3/27/2018 - Senate Tabled
House Committee: Ways and Means
Senate Committee: Finance
Assigned To:
Economic DevelopmentNext Bill
Larry RamseyNext Bill

Staff Analysis of the Legislation

This bill would increase the value of the income tax credit, from 90% to 100%, of the amount of donations to rural hospital organizations. The credit applies to the first $5,000 (individual) or $10,000 (married or corporations) of such donations. The sunset date for this credit is extended through 2021.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

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