Establishes a school supplies education credit for resident taxpayers with children under 19 enrolled in school.

The bill establishes a school supplies education credit for resident taxpayers who have a child under 19 enrolled in elementary or secondary education. The credit equals the cost of learning materials and school supplies purchased for education purposes during the taxable year. The credit is capped at $500 per student and $1,500 per family. The credit can be applied against the taxpayer's tax for the year, with any excess treated as an overpayment to be credited or refunded. The credit applies to public, nonpublic, charter schools, and home instruction.

Establishes a school supplies education credit for resident taxpayers with children under 19 enrolled in school.

The bill establishes a school supplies education credit for resident taxpayers who have a child under 19 enrolled in elementary or secondary education. The credit equals the cost of learning materials and school supplies purchased for education purposes during the taxable year. The credit is capped at $500 per student and $1,500 per family. The credit can be applied against the taxpayer's tax for the year, with any excess treated as an overpayment to be credited or refunded. The credit applies to public, nonpublic, charter schools, and home instruction.