Van Haaften Student Loan Tax Credit Defeated

I just noticed this because it was such a close vote. Rep. Van Haaften’s amendment to HB 1029 was defeated by a vote of 49 to 49. HB 1029 is a bill related to education finance and tax credits. Among other things, the bill provides for up to $2,000 in contributions to an Indiana college choice 529 investment plan to be deducted from adjusted gross income. The rest of the bill has to do with university bond issues.