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Senate panel rejects proposed homeschool income tax credit after brief debate
Summary
The Senate Finance and Tax Committee voted 5–1 to recommend 'do not pass' on House Bill 12 44, which would have created a nonrefundable income tax credit for home-schooling expenses.
The Senate Finance and Tax Committee voted to recommend "do not pass" on House Bill 12 44, a proposal to create an income tax credit for homeschooling expenses. The measure would have allowed a maximum credit of $1,000 per student for joint filers or $500 per student for married taxpayers filing separately, capped by actual homeschooling expenses.
Committee discussion focused on limited fiscal reach and eligibility. Chair Weber and several senators said the majority of residents have no state income tax liability and…
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