AN ACT ESTABLISHING A PERSONAL INCOME TAX CREDIT FOR ELIGIBLE EDUCATOR EXPENSES.

HB 5507 establishes a personal income tax credit for educators who pay out-of-pocket for teaching supplies. It directly affects K-12 teachers and school staff who typically cover classroom material costs themselves. The bill creates a dollar-for-dollar reduction in state income tax liability for eligible expenses like textbooks, art supplies, or technology. This policy change provides direct financial relief for educators purchasing essential classroom resources. The credit applies to expenses incurred during the tax year and is claimed on individual tax returns.