Bills › 88th General Assembly
Exempting pay received for providing certain child care services, and creating an additional personal exemption credit against the individual income tax, and including effective date and applicability provisions
Topics:Families & human servicesTaxesChild careIncome taxesTax credits & incentives
Where it is now
- Done: IntroducedFebruary 11, 2020
- Done: SubcommitteeFebruary 12, 2020
- Stopped: House committeeDied when the General Assembly ended
- Next: Passes the House
- Next: Senate committee
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2020 session adjourned on June 14, 2020, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
AI summary People who earn money providing child care in a home setting would no longer have to pay state income tax on those earnings. Taxpayers could also receive a refundable tax credit of $1,000 for each dependent they claim who is under 13 years old. This credit is extra and can be used in addition to other personal exemption credits.1
Read the official explanation
The inclusion of this explanation does not constitute agreement with the explanation’s substance by the members of the general assembly. This bill exempts certain pay received for providing certain child care services, and creates an additional personal exemption credit against the individual income tax. The bill exempts from the individual income tax pay received for providing child care home services.1.12(2). The tax credit is equal to $1,000 for each dependent, and is refundable.12C. For purposes of the tax credit, the bill defines “dependent” to mean the same as provided by the Internal Revenue Code, except the dependent must be under the age of 13. The bill takes effect January 1, 2021, and applies to tax years beginning on or after that date.
House subcommittee
Named February 12, 2020. It hasn’t reported yet.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part