BILL · 1995–96 SESSION

SB 5196: Higher ed contributns/tax cr

Providing tax credits for persons making contributions to higher education.

Summary

  • The creation of a private-public partnership is intended to encourage businesses to fill the gap between available resources and the demand for student financial aid. Businesses that make cash contributions to qualified institutions receive dollar-for-dollar credit against their B&O/Public Utility taxes.

From the Senate Bill Report (SB 5196), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 13, 1995
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Albert Bauer (D-49)
Introduced
January 13, 1995 in the Senate
Last action
January 8, 1996
Requested by
Governor
Companion bill
HB 1198
Budget
Has a fiscal note

Sponsors

Prime sponsor: Albert Bauer (D-49)

3 co-sponsors (2 Democrats, 1 Republican)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 5196 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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