|
SCS/SB 3 - This act places a cap on the cumulative amount of tax credits claimed in any one fiscal of four million dollars. The credit allowable for nonrecurring adoption expenses will be reduced to the same degree the federal adoption tax credit is reduced by the income limit set forth in federal adoption tax credit law. This act contains an emergency clause and is similar to SB 500 (2003) and SB 806 (2004). JASON ZAMKUS
|
