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House Bill 1025

House Bill 1025

ARCHIVE (2009)

Latest Information

DIGEST OF HB1025 (Updated January 21, 2009 3:04 pm - DI 103)

Child and dependent care tax credit. Provides a refundable income tax credit to individuals for certain household, child care, or dependent care expenses associated with an individual's gainful employment. Provides that the amount of the credit is 50% of the amount allowed for the federal child and dependent care credit. Provides that an individual whose federal adjusted gross income exceeds $45,000 is not eligible for the credit.
Current Status:
In Committee - first House
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