Tuesday, February 19, 2008

House Committee Approves Teacher Tax Credit Bill

A measure providing a tax break for teachers who purchase school supplies for their classrooms passed today out of the House Revenue and Taxation Subcommittee. House Bill 2919, by Rep. John Trebilcock, would provide a tax credit up to $500 annually for teachers for the purchase of classroom materials. The tax credit would cover the cost of materials, equipment,or supplies used in a classroom of a public school if the cost was "not refunded or reimbursed from any other source."

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