Taxation; revise credits authorized for contributions to certain eligible charitable organizations.
Approved by Governor
Summary
The bill expands the state’s tax‑credit program so that nonprofit schools serving students with physical, intellectual, developmental or emotional disabilities qualify as eligible charitable organizations. It sets limits on how much credit can be awarded each year overall, per organization or school location, and reduces the share a single educational‑services charity can receive. The change aims to encourage private contributions to these schools.
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