Panel backs tax credit to encourage donations to qualified law‑enforcement foundations
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HB 3760 would create a state tax credit for donations to qualified law‑enforcement foundations and related nonprofits. Sponsor gave a preliminary fiscal estimate of $30 million in impact and proposed individual and business credit caps; the committee approved the bill 9–0 to report it out.
Representative Turner presented HB 3760, a proposed tax credit designed to encourage private donations to qualified law‑enforcement foundations and related 501(c)(3) organizations that support police operations.
Turner described proposed credit levels (the sponsor referenced $5,000 for individuals, $10,000 for families and credits for partnerships and S corporations under different caps) and mentioned a fiscal estimate with a $30 million impact; he also said he plans an amendment to expand eligibility to include Councils of Government and additional nonprofits that directly affect law enforcement.
Committee members offered no additional questions; after a motion and second the committee voted 9 to 0 to report the bill out of committee.
What happens next: The bill is recommended out of committee. A full fiscal analysis and any amendment language will determine the final credit amounts and eligible recipients if the measure advances.
