2014 -- H 7424 | |
======== | |
LC003539 | |
======== | |
STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2014 | |
____________ | |
A N A C T | |
RELATING TO TAXATION - PERSONAL INCOME TAX | |
| |
Introduced By: Representatives Morgan, Chippendale, Giarrusso, Malik, and Costa | |
Date Introduced: February 12, 2014 | |
Referred To: House Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Chapter 44-30 of the General Laws entitled "Personal Income Tax" is |
2 | hereby amended by adding thereto the following section: |
3 | 44-30-100. Credit for educators. -- Educators shall be allowed a credit, against the |
4 | Rhode Island personal income tax otherwise due for the taxable year, for any amount spent |
5 | purchasing supplies and equipment, for use in the performance of their teaching duties. The credit |
6 | shall not exceed two hundred fifty dollars ($250). |
7 | SECTION 2. This act shall take effect upon passage. |
======== | |
LC003539 | |
======== | |
| |
EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO TAXATION - PERSONAL INCOME TAX | |
*** | |
1 | This act would permit teachers to get up to a two hundred fifty dollar ($250) tax credit |
2 | against their Rhode Island income tax, for their personal money spent buying supplies and |
3 | equipment used for teaching. |
4 | This act would take effect upon passage. |
======== | |
LC003539 | |
======== | |
| LC003539 - Page 2 of 2 |