Indiana Code 6-3.1-30.5-12. Use of contribution
Current as of: 2023 | Check for updates
|
Other versions
Sec. 12. A contribution to a scholarship granting organization shall be treated as having been made for use in a school scholarship program if:
(2) either:
(1) the contribution is made directly to a scholarship granting organization; and
Terms Used In Indiana Code 6-3.1-30.5-12
- in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
- scholarship granting organization: refers to an organization that:
Indiana Code 6-3.1-30.5-3
- school scholarship program: refers to a scholarship program certified by the department of education under IC 20-51. See Indiana Code 6-3.1-30.5-4
- taxpayer: means an individual or entity that has any state tax liability. See Indiana Code 6-3.1-30.5-6
(A) not later than the date of the contribution, the taxpayer designates in writing to the scholarship granting organization that the contribution is to be used only for a school scholarship program; or
(B) the scholarship granting organization provides the taxpayer with written confirmation that the contribution will be dedicated solely for use in a school scholarship program.
As added by P.L.182-2009(ss), SEC.205. Amended by P.L.92-2011, SEC.3.