Indiana Senate Bill 154 (Prefiled Legislation)

---

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 8 2025 - 25% progression
Action: 2025-01-08 - First reading: referred to Committee on Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]

Various tax matters. Increases the maximum amount of the income tax credit for an individual employed as a teacher for amounts expended for classroom supplies from $100 to $500 per taxable year. Adds students who attend public schools for purposes of eligibility for the unreimbursed education expenditure tax deduction. Provides that the amount of the deduction is the lesser of: (1) $1,000 multiplied by the number of the taxpayer's dependent children for whom the taxpayer made education expenditures in the taxable year; or (2) the total amount of actual unreimbursed education expenditures that the taxpayer incurs for each of the taxpayer's dependent children in the taxable year. (Under current law, the amount is $1,000 multiplied by the number of the taxpayer's dependent children for whom the taxpayer made education expenditures in the taxable year.) Defines "public school".

Various tax matters.

Sen. Lonnie Randolph [D]

Date	Chamber	Action
2025-01-08	Senate	First reading: referred to Committee on Tax and Fiscal Policy
2025-01-08	Senate	Authored by Senator Randolph Lonnie M

Type	Source
Summary	https://iga.in.gov/legislative/2025/bills/senate/154/details
Text	https://iga.in.gov/pdf-documents/124/2025/senate/bills/SB0154/SB0154.01.INTR.pdf
Supplement	https://iga.in.gov/pdf-documents/124/2025/senate/bills/SB0154/fiscal-notes/SB0154.01.INTR.FN001.pdf