2015-06-30 / Front Page

State’s Biennial Budget Includes Tax Credit For Eligible Hoosier Teachers

Staff Report

Hoosier teachers on average spend hundreds of dollars out-of-pocket each school year buying school supplies for their students, from backpacks, paper, pencils and crayons to tissues, hand sanitizer, and soap.

Earlier this year, the two-year state budget crafted by the General Assembly made room for a $100 tax credit for Hoosier teachers.

The tax credit was originally its own bill, authored by Representative Ben Smaltz (R-Auburn), and in its initial form would have provided for a tax credit of $200. House Bill 1005 passed the House but was cut in the Senate and instead included in the state’s twoyear budget at half the initial amount.

Now that the budget provision has been signed into law, Indiana K-12 educators will be able to turn in any receipts from the recently completed school year for next year’s state taxes. Lawmakers have estimated the credit will cost the state in excess of $6 million.

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