SB 352 Creates an income tax credit for child care services by a qualified spouse
Sponsor: Stouffer
LR Number: 1613S.01I Fiscal Note: 1613-01
Committee: Ways & Means
Last Action: 3/3/2005 - Hearing Conducted S Ways & Means Committee Journal Page:
Title: Calendar Position:
Effective Date: January 1, 2006

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Current Bill Summary

SB 352 - This act creates a income tax credit for child care services performed by qualified spouse in an amount equal to one thousand two hundred and fifty dollars. The tax credit must be claimed in the same tax year as the services are performed and may not be carried forward or back. The credit is refundable in the amount the credit exceeds actual tax liability.