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HB2525 • 2025

Increases the maximum allowable amount of political contribution personal income tax credit.

Increases the maximum allowable amount of political contribution personal income tax credit.

Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Representative Evans
Last action
2025-06-27
Official status
In House Committee
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2025-06-27 House

    In committee upon adjournment.

  2. 2025-01-17 House

    Referred to Rules with subsequent referral to Revenue.

  3. 2025-01-13 House

    First reading. Referred to Speaker's desk.

Official Summary Text

Digest: The Act makes a bigger amount for the tax credit that is allowed for gifts of money to political parties or to people who run for office. (Flesch Readability Score: 60.3).
Increases the maximum allowable amount of political contribution personal income tax credit. Applies to tax years beginning on or after January 1, 2025, and before January 1, 2028.
Takes effect on the 91st day following adjournment sine die.
Relating to: Relating to a tax credit for political contributions; prescribing an effective date.
Current location: In House Committee