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Senate advances tuition-tax-credit proposal for low- and middle-income families
Summary
Senate Bill 160, a first-substitute tuition tax credit covering 25% of in-state tuition up to $500 for eligible low- and middle-income taxpayers, cleared the Senate third-reading calendar after sponsors explained income caps and per-return limits.
SALT LAKE CITY — The Utah Senate advanced a first-substitute of Senate Bill 160 on Feb. 23, a proposal to create a tuition tax credit intended to ease higher-education costs for low- and middle-income families.
Sponsor Senator Steiner said the credit would cover 25 percent of tuition paid to Utah higher-education institutions up to a $500 cap per tax return, available only to joint filers with $30,000 or less in income and single filers with $20,000 or…
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