Authorizes tax credits for developing or renting housing for victims of domestic violence
Referred: Emerging Issues(H)
Summary
The bill lets individuals and businesses claim a credit against their state tax liability for contributions to qualified shelters for victims of domestic violence or rape‑crisis centers. The credit is 50 % of the contribution for fiscal years ending on or before June 30 2022 and 70 % for later years, with a $50,000 per‑taxpayer limit and a $2 million aggregate limit before July 2022. It is intended to encourage private funding for these safety facilities.
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