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JBC introduces technical fixes to higher-education tax credits after staff flags rising cost uncertainty
Summary
The committee agreed to introduce technical-fix legislation for higher-education tax credits already in effect, while staff warned the program’s cost estimates have grown (originally roughly $36.7 million, now potentially as high as $65 million) and recommended additional administrative funding to the Department of Revenue; motion passed 6-0.
The Joint Budget Committee voted to introduce technical fixes to the higher-education tax-credit statute, while staff told members the program’s estimated fiscal impact has grown and additional administrative resources may be needed.
Amanda Bickle and other JBC staff reviewed a second version of a bill that would make technical changes—change an…
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