Child and dependent care tax credit. Provides a refundable child and dependent care tax credit to taxpayers whose adjusted gross income for the taxable year is not more than 250% of the federal poverty level. Provides that the credit is equal to the lesser of: (1) an amount ranging from $200 to $1,000, depending on the extent to which the taxpayer's adjusted gross income exceeds the federal poverty level; or (2) 20% of the taxpayer's employment related expenses.
| Authored by Senator Taylor G |
| Title | Description | Date | View |
|---|---|---|---|
| Fiscal Note | Fiscal Note #1: Introduced | 2024-01-09 | Click To View |
| Date | Chamber | Action |
|---|---|---|
| 2024-01-09 | Senate | First reading: referred to Committee on Family and Children Services |
| 2024-01-09 | Senate | Authored by Senator Taylor G |
