House Status:
Senate Status:
Senate Status:
Minutes for SB71 - Committee on Taxation
Short Title
Establishing income tax and privilege tax credits for contributions to the Eisenhower foundation.
Minutes Content for Thu, Mar 25, 2021
Representative Mason moved, seconded by Representative Eplee, the Committee recommend SB71 favorable for passage.
Representative Mason moved, seconded by Representative Baker to insert the contents of SB49 into SB71.
Discussion followed by Committee members.
Representative Mason renewed his motion. Division was called and the motion passed on a 14 to 7 vote. Representatives Mason and Eplee requested their vote to be recorded as yes and Representatives Highland, Bergkamp and Turner requested their vote be recorded as no.
Representative Smith moved, seconded by Representative Wasinger to amend SB71 to add a second tax credit for the Friends of Cedar Crest Association. (Attachment 1)
Mr. Siebers provided an explanation of the amendment for a second tax credit contribution for Friends of Cedar Crest Association matching word for word with the requirements and parameters set forth in SB71 for the Eisenhower Foundation
Discussion followed by Committee members.
Representative Smith closed on the amendment. Motion passed.
Representative Gartner moved, seconded by Representative Helgerson to insert the contents of HB2414 into SB71.
Adam Siebers provided an overview noting under current law only corporate taxpayers can claim the 50% child day care assistance tax credit if they provide facilities and necessary equipment for child day care services in the initial year and could claim the 30% tax credit if they provide services in future years or if the taxpayer pays for or locates child day care services for their employees. HB2414 would also allow individual taxpayers to claim the child day care assistance tax credit and increases the tax credit to 50% for taxpayers that provide facilities and necessary equipment for child day care services after the initial year or if the taxpayer pays for or locates child day care services for their employees beginning in tax year 2021.
Discussion followed by Committee members.
Representative Gartner renewed his motion. Division was called and the motion failed on 8 yeas and 13 nays.
Representative Mason closed on his motion to recommend SB71 favorably for passage as amended. Motion passed.
