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Stakeholders urge changes to SB1496 to protect foster-focused tax credits
Summary
During a House Ways & Means hearing, sponsors and stakeholders debated SB1496, a bill to clarify who qualifies for Arizona's qualifying charitable organization tax credit. Foster-care providers warned the bill could reduce funding to small, specialized organizations; sponsors agreed to stakeholder meetings and signaled willingness to craft floor amendments.
A House Ways and Means Committee hearing on SB1496 on the qualifying charitable organization (QCO) and qualifying foster care charitable organization (QFCO) tax credits produced a pledge from the bill sponsor to work with affected groups after several speakers raised concerns that the draft could unintentionally shift funding away from small foster-care charities.
Research intern Douglas Dexter opened the discussion, saying the bill "modifies the definition of services pertaining to individual income tax credits for charitable qualifying charitable organizations" and would create a single definition of services covering both QCOs and QFCOs. Sponsor testimony framed the measure as a cleanup intended to address a Department of Revenue (DOR) reinterpretation.
Mark Osborne, testifying for the Delta Dental Foundation, said the foundation historically qualified as a QCO by directing funds to service providers and that…
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