HB 1347 IN

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Provides a state income tax credit for expenses incurred to receive qualified firearms instruction or to purchase a qualified firearms storage device. Provides that the tax credit is equal to the amount of the incurred expenses. Provides that the maximum amount allowed as a tax credit is $300 for individuals filing single returns or $600 for married couples filing joint returns. Provides that a tax credit may not exceed the taxpayer's state income tax liability. Provides that a taxpayer is not entitled to a carryover, carryback, or refund of any unused tax credit.

• Jim Lucas Republican · author

1. Jan 17, 2023 Coauthored by Representatives Smaltz, Bartels, VanNatter · lower
2. Jan 17, 2023 Authored by Representative Lucas · lower
3. Jan 17, 2023 First reading: referred to Committee on Ways and Means · lower

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Introduced House Bill (H) · Jan 17, 2023 · PDF