Relating to a tax credit for political contributions; prescribing an effective date.

From the Legislature

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, 2026, and before January 1, 2028. Takes effect on the 91st day following adjournment sine die.