Indiana 2024 Regular Session

Indiana Senate Bill SB0274 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1
2	2	Introduced Version
3	3	SENATE BILL No. 274
4	4	_____
5	5	DIGEST OF INTRODUCED BILL
6	6	Citations Affected: IC 6-3-3-5; IC 21-12-16; IC 21-12-16.5.
7	7	Synopsis: Education matters. Defines "teacher" for the next generation
8	8	Hoosier educators and next generation Hoosier minority educators
9	9	scholarship programs and funds. Provides that an applicant may meet
10	10	certain scholarship qualifications by being employed as a full-time
11	11	teacher or full-time school counselor for five years. Increases the
12	12	amount of the tax credit allowed to individuals for contributions to a
13	13	postsecondary educational institution or related foundation in Indiana
14	14	from $100 to $200 in the case of a single return and from $200 to $400
15	15	in the case of a joint return.
16	16	Effective: January 1, 2024 (retroactive); July 1, 2024.
17	17	Buchanan
18	18	January 11, 2024, read first time and referred to Committee on Education and Career
19	19	Development.
20	20	2024 IN 274—LS 6661/DI 143 Introduced
21	21	Second Regular Session of the 123rd General Assembly (2024)
22	22	PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana
23	23	Constitution) is being amended, the text of the existing provision will appear in this style type,
24	24	additions will appear in this style type, and deletions will appear in this style type.
25	25	Additions: Whenever a new statutory provision is being enacted (or a new constitutional
26	26	provision adopted), the text of the new provision will appear in this style type. Also, the
27	27	word NEW will appear in that style type in the introductory clause of each SECTION that adds
28	28	a new provision to the Indiana Code or the Indiana Constitution.
29	29	Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts
30	30	between statutes enacted by the 2023 Regular Session of the General Assembly.
31	31	SENATE BILL No. 274
32	32	A BILL FOR AN ACT to amend the Indiana Code concerning
33	33	education.
34	34	Be it enacted by the General Assembly of the State of Indiana:
35	35	1 SECTION 1. IC 6-3-3-5, AS AMENDED BY P.L.2-2007,
36	36	2 SECTION 121, IS AMENDED TO READ AS FOLLOWS
37	37	3 [EFFECTIVE JANUARY 1, 2024 (RETROACTIVE)]: Sec. 5. (a) At
38	38	4 the election of the taxpayer, there shall be allowed, as a credit against
39	39	5 the adjusted gross income tax imposed by IC 6-3-1 through IC 6-3-7 for
40	40	6 the taxable year, an amount (subject to the applicable limitations
41	41	7 provided by this section) equal to fifty percent (50%) of the aggregate
42	42	8 amount of charitable contributions made by such taxpayer during such
43	43	9 year to postsecondary educational institutions located within Indiana
44	44	10 (including any of its associated colleges in Indiana) or to any
45	45	11 corporation or foundation organized and operated solely for the benefit
46	46	12 of any postsecondary educational institution.
47	47	13 (b) In the case of a taxpayer other than a corporation, the amount
48	48	14 allowable as a credit under this section for any taxable year shall not
49	49	15 exceed one two hundred dollars ($100) ($200) in the case of a single
50	50	16 return or two four hundred dollars ($200) ($400) in the case of a joint
51	51	17 return.
52	52	2024 IN 274—LS 6661/DI 143 2
53	53	1 (c) In the case of a corporation, the amount allowable as a credit
54	54	2 under this section for any taxable year shall not exceed:
55	55	3 (1) ten percent (10%) of such corporation's total adjusted gross
56	56	4 income tax under IC 6-3-1 through IC 6-3-7 for such year (as
57	57	5 determined without regard to any credits against that tax); or
58	58	6 (2) one thousand dollars ($1,000);
59	59	7 whichever is less.
60	60	8 (d) A charitable contribution in Indiana qualifies for a credit under
61	61	9 this section only if the charitable contribution is made to a
62	62	10 postsecondary educational institution or a corporation or foundation
63	63	11 organized for the benefit of a postsecondary educational institution
64	64	12 that:
65	65	13 (1) normally maintains a regular faculty and curriculum and
66	66	14 normally has a regularly organized body of students in attendance
67	67	15 at the place where its educational activities are carried on;
68	68	16 (2) regularly offers education at a level above the twelfth grade;
69	69	17 (3) regularly awards either associate, bachelors, masters, or
70	70	18 doctoral degrees, or any combination thereof; and
71	71	19 (4) is duly accredited by the North Central Association of
72	72	20 Colleges and Schools, the Indiana state board of education, or the
73	73	21 American Association of Theological Schools.
74	74	22 (e) The credit allowed by this section shall not exceed the amount
75	75	23 of the adjusted gross income tax imposed by IC 6-3-1 through IC 6-3-7
76	76	24 for the taxable year, reduced by the sum of all credits (as determined
77	77	25 without regard to this section) allowed by IC 6-3-1 through IC 6-3-7.
78	78	26 SECTION 2. IC 21-12-16-1.5 IS ADDED TO THE INDIANA
79	79	27 CODE AS A NEW SECTION TO READ AS FOLLOWS
80	80	28 [EFFECTIVE JULY 1, 2024]: Sec. 1.5. As used in this chapter,
81	81	29 "teacher" refers to a person who is employed by a public school or
82	82	30 an eligible school (as defined in IC 20-51-1-4.7) as a:
83	83	31 (1) full-time classroom teacher (as defined in
84	84	32 IC 20-18-2-22(d)); or
85	85	33 (2) school counselor (as defined in IC 20-18-2-22(b)(5));
86	86	34 whose primary responsibility is the instruction or counseling of
87	87	35 students.
88	88	36 SECTION 3. IC 21-12-16-5, AS AMENDED BY P.L.161-2023,
89	89	37 SECTION 1, AND AS AMENDED BY P.L.242-2023, SECTION 1,
90	90	38 AND AS AMENDED BY THE TECHNICAL CORRECTIONS BILL
91	91	39 OF THE 2024 GENERAL ASSEMBLY, IS CORRECTED AND
92	92	40 AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2024]:
93	93	41 Sec. 5. (a) An applicant who is enrolled in an accredited postsecondary
94	94	42 educational institution after June 30, 2017, may qualify for a
95	95	2024 IN 274—LS 6661/DI 143 3
96	96	1 scholarship under this chapter. section. To qualify for a scholarship, an
97	97	2 applicant must:
98	98	3 (1) apply for a scholarship on a form supplied by the commission;
99	99	4 (2) except as provided in subsection (b), have graduated from an
100	100	5 Indiana nonaccredited nonpublic or state accredited high school
101	101	6 accredited under IC 20-31-4.1 and:
102	102	7 (A) graduated in the highest twenty percent (20%) of students
103	103	8 in the applicant's high school graduating class;
104	104	9 (B) received a score in the top twentieth percentile on the SAT
105	105	10 or ACT examination; or
106	106	11 (C) achieved a cumulative grade point average upon
107	107	12 graduation of at least 3.5 3.0 on a 4.0 grading scale (or its
108	108	13 equivalent if another grading scale is used) for courses taken
109	109	14 during grades 9, 10, 11, and 12;
110	110	15 (3) have participated in school activities and community service
111	111	16 activities during high school;
112	112	17 (4) have applied to and been accepted for enrollment in an
113	113	18 accredited postsecondary educational institution approved by the
114	114	19 commission under section 10 of this chapter;
115	115	20 (5) agree in writing to:
116	116	21 (A) obtain a license to teach under IC 20-28-5; and
117	117	22 (B) teach be employed as a teacher for at least five (5)
118	118	23 consecutive years in a public school or an eligible school (as
119	119	24 defined in IC 20-51-1-4.7) in Indiana after graduating with a
120	120	25 baccalaureate degree from the accredited postsecondary
121	121	26 educational institution described in subdivision (4); and
122	122	27 (6) meet any other criteria established by the commission.
123	123	28 (b) A student who graduates from a nonaccredited nonpublic school
124	124	29 must meet the requirement described in subsection (a)(2)(B) in order
125	125	30 to meet the eligibility requirement described in subsection (a)(2).
126	126	31 SECTION 4. IC 21-12-16.5-1.5 IS ADDED TO THE INDIANA
127	127	32 CODE AS A NEW SECTION TO READ AS FOLLOWS
128	128	33 [EFFECTIVE JULY 1, 2024]: Sec. 1.5. As used in this chapter,
129	129	34 "teacher" refers to a person who is employed by a public school or
130	130	35 an eligible school (as defined in IC 20-51-1-4.7) as a:
131	131	36 (1) full-time classroom teacher (as defined in
132	132	37 IC 20-18-2-22(d)); or
133	133	38 (2) school counselor (as defined in IC 20-18-2-22(b)(5));
134	134	39 whose primary responsibility is the instruction or counseling of
135	135	40 students.
136	136	41 SECTION 5. IC 21-12-16.5-5, AS ADDED BY P.L.161-2023,
137	137	42 SECTION 3, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
138	138	2024 IN 274—LS 6661/DI 143 4
139	139	1 JULY 1, 2024]: Sec. 5. (a) An applicant who is enrolled in an
140	140	2 accredited postsecondary educational institution may qualify for a
141	141	3 scholarship under this chapter. To qualify for a scholarship, an
142	142	4 applicant must:
143	143	5 (1) apply for a scholarship on a form supplied by the commission;
144	144	6 (2) except as provided in subsection (b), have graduated from an
145	145	7 Indiana nonaccredited nonpublic or state accredited high school
146	146	8 accredited under IC 20-31-4.1 and:
147	147	9 (A) graduated in the highest twenty percent (20%) of students
148	148	10 in the applicant's high school graduating class;
149	149	11 (B) received a score in the top twentieth percentile on the SAT
150	150	12 or ACT examination; or
151	151	13 (C) achieved a cumulative grade point average upon
152	152	14 graduation of at least 3.0 on a 4.0 grading scale (or its
153	153	15 equivalent if another grading scale is used) for courses taken
154	154	16 during grades 9, 10, 11, and 12;
155	155	17 (3) have participated in school activities and community service
156	156	18 activities during high school;
157	157	19 (4) have applied to and been accepted for enrollment in an
158	158	20 accredited postsecondary educational institution approved by the
159	159	21 commission under section 10 of this chapter;
160	160	22 (5) agree in writing to:
161	161	23 (A) obtain a license to teach under IC 20-28-5; and
162	162	24 (B) teach be employed as a teacher for at least five (5)
163	163	25 consecutive years in a public school or an eligible school (as
164	164	26 defined in IC 20-51-1-4.7) in Indiana after graduating with a
165	165	27 baccalaureate degree from the accredited postsecondary
166	166	28 educational institution described in subdivision (4);
167	167	29 (6) meet the definition of a minority under IC 21-13-1-6; and
168	168	30 (7) meet any other criteria established by the commission.
169	169	31 (b) A student who graduates from a nonaccredited nonpublic school
170	170	32 must meet the requirement described in subsection (a)(2)(B) in order
171	171	33 to meet the eligibility requirement described in subsection (a)(2).
172	172	34 SECTION 6. [EFFECTIVE JANUARY 1, 2024 (RETROACTIVE)]
173	173	35 (a) IC 6-3-3-5, as amended by this act, applies to taxable years
174	174	36 beginning after December 31, 2023.
175	175	37 (b) This SECTION expires July 1, 2028.
176	176	38 SECTION 7. An emergency is declared for this act.
177	177	2024 IN 274—LS 6661/DI 143