Tax Return Donation Amendments
What changed between versions
Added corporate taxpayer contributions to the School Meals Debt Relief Fund, allowing corporations to designate contributions on their income tax returns in addition to individual taxpayers.
Established specific reporting requirements for local education agencies, including total outstanding debt, number of students with debt, verification of collection efforts, and other information deemed necessary by the state board.
Added requirements for LEAs to maintain records for five years and return unused funds to the state board within 60 days if not applied to student meal debts.
Set specific deadlines for fund distribution (by September 1) and fund transfer from the commission to the state board (by August 15).
Created a mechanism to remove tax contribution designations if contributions generate less than $30,000 per year for three consecutive years, with specific reporting and publication requirements.
Changed the Senate Sponsor name from 'LONG TITLE' to 'Luz Escamilla' and updated formatting throughout the document.