Creating a maternity group home tax credit available against the individual, corporate, franchise, insurance premium, and moneys and credits taxes, and including applicability provisions

This bill creates a maternity group home tax credit available against the individual, corporate, franchise, insurance premium, and moneys and credits taxes. The bill defines “maternity group home” to mean a community-based residential home that provides room and board, personal care, supervision, training, support, and education in a family environment for women who are either pregnant or who have given birth within the preceding months and live with their children, and includes overnight room accommodations and administrative and office space for those persons who provide such services. The amount of the credit shall equal 100 percent of a person’s donation to a maternity group home. The bill specifies that the amount of the donation for which the tax credit is claimed shall not be deductible for state income tax purposes. A credit provided in the bill in excess of tax liability is not refundable and shall not be credited to a person’s tax liability in future tax years. The tax credit shall not be carried back to a tax year prior to the tax year in which the person makes the donation, and the tax credit is also not transferable.5 million. The maximum amount of tax credits granted for donations to an organization operating a maternity group home shall not annually exceed $500,000. The bill requires the department of revenue to administer the credit and to approve applications on a first-come, first-served basis until the maximum amount of tax credits authorized for the year has been reached. A taxpayer must submit an application to the department for each separate and distinct donation within six months following the tax year of the donation in such a manner approved by the department. The bill also requires the department to develop a wait list in the order the applications are received if applications for the credit exceed the annual maximum amounts authorized. The department may adopt rules to administer the bill. The bill applies to tax years beginning on or after January 1, 2026.