Tax credit for contributions to women's pregnancy centers provided.

Summary

The bill lets individuals, partnerships, LLCs, S‑corporations and other owners claim a credit against income, corporate franchise or insurance premiums tax for contributions to designated women’s pregnancy centers, with a $50,000 limit per taxpayer. Unused credit can be carried forward to the next year, but cannot be claimed together with an existing credit under section 297I.20. The state’s commissioner of revenue, in consultation with the health commissioner, must keep a list of eligible centers.

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