Establishes a public interest law grant program and tax credit for law firms contributing to the program.

The bill creates a public interest law grant program to provide student loan relief for lawyers working as prosecutors or public defenders for at least a year. The program is funded by contributions from eligible law firms, which receive a business and occupation tax credit up to $20,000 annually. The council must administer the program, award grants, and publicize it. The council and department of revenue must submit a joint report to the legislature annually.

Establishes a public interest law grant program and tax credit for law firms contributing to the program.

The bill creates a public interest law grant program to provide student loan relief for lawyers working as prosecutors or public defenders for at least a year. The program is funded by contributions from eligible law firms, which receive a business and occupation tax credit up to $20,000 annually. The council must administer the program, award grants, and publicize it. The council and department of revenue must submit a joint report to the legislature annually.