Sec. 14.5. (a) As used in this section, “classroom supplies” means any items that qualify for the educator expense deduction under Section 62(a)(2)(D) of the Internal Revenue Code (as effective December 31, 2013).

     (b) Each taxable year, an individual employed as a teacher (as defined in IC 20-18-2-22(a)) is entitled to a credit against the individual’s adjusted gross income tax liability for amounts expended during the taxable year for classroom supplies. The amount of the credit is the lesser of:

(1) one hundred dollars ($100); or

(2) the total amount expended for classroom supplies during a taxable year.

     (c) The credit provided by this section may not exceed the amount of the individual’s adjusted gross income tax liability for the taxable year, reduced by the sum of all credits for the taxable year that are applied before the application of the credit provided by this section. The amount of any unused credit under this section for a taxable year may not be carried forward to a succeeding taxable year, carried back to a preceding taxable year, or refunded.

As added by P.L.213-2015, SEC.82.