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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 Development	Next Bill
Larry Ramsey	Next 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