SB 3110
Tax credits; authorize for contributions by certain taxpayers to certain hospitals.
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- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
An act to authorize an income tax credit, insurance premium tax credit and ad valorem tax credit for voluntary cash contributions by certain taxpayers to certain eligible hospitals; To provide the criteria that a hospital must meet IN order for a contribution to the hospital to qualify for the tax credit authorized by this act; To limit the amount of the credit; To provide that unused portions of a credit may be carried forward for five consecutive years from the close of the tax year IN which the credit was earned; And for related purposes.
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