Introduced
by
To authorize subsidies of up to $500 for enrollees who contribute to their own account in the government savings program proposed by House Bill 5708. Specifically, the bill would authorize a “refundable” state tax credit of up to $500 depending on an individual’s annual contribution to his or her account; refundable means a person gets a check back from the state for the difference if the credit exceeds the amount of tax they owe.
Referred to the Committee on Commerce and Trade