Bill Title: Tax credit for literacy programs. Provides an income tax credit for charitable contributions to certain literacy programs. Provides that the credit is equal to 50% of the charitable contribution, but may not exceed: (1) $100 for a single individual return; (2) $200 for a joint return; or (3) the lesser of 10% of a corporation's adjusted gross income tax liability or $1,000 for a corporate return.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2015-01-14 - First Reading: referred to Committee on Ways and Means [HB1392 Detail]

Text: Latest bill text (Introduced) [PDF]

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