SB 1032 - Moon, Mike
Creates an income tax deduction for certain dependents
Bill Details
Sponsor
LR Number
5404S.02P
Title
SS SB 1032
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2026
Committee
Current Status
Voted Do Not Pass H Ways and Means
Quick Links
Amendments
CURRENT BILL SUMMARY
SS/SB 1032 - Current law authorizes a taxpayer to claim a $1,200 exemption for each dependent for whom such taxpayer is entitled to a dependency exemption for federal tax purposes, provided such federal exemption is not equal to $0. This act authorizes a taxpayer to claim a $2,400 exemption during the tax year in which a taxpayer gives birth to or adopts a child for which the taxpayer is entitled to a dependency exemption for federal tax purposes, regardless of whether the federal exemption is equal to $0.
This act is substantially similar to SB 371 (2025), SB 1225 (2024), HB 457 (2023) and SB 12 (2022 First Extraordinary Session), and to a provision in SS/SCS/SB 133 (2023), as amended.
JOSH NORBERG