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Education-expense tax credit fails in committee after amendments narrow scope
Summary
SB 5 49, a proposed tax credit for K–12 education expenses, failed in Senate Finance and Claims by a 7–15 vote after sponsors explained floor amendments (nonrefundable status, removal of homeschool eligibility, re-addition of private schools) changed the fiscal profile.
Senate Finance and Claims voted down SB 5 49, a proposed income tax credit for K–12 education expenses, by a 7–15 roll-call vote and tabled the bill. Sponsor Senator Jeremy Trebis walked members through amendments made on the floor and in committee that altered the credit's refundability and eligibility, and he explained those changes…
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