Skip to main content
CivicGate

SB 255 IN

Child and dependent care tax credit.

IN · session 2023 · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 11, 2023

Latest action (Jan 11, 2023) First reading: referred to Committee on Tax and Fiscal Policy

Summary

Provides a refundable child and dependent care tax credit to taxpayers whose adjusted gross income for the taxable year is not more than 250% of the federal poverty level. Provides that the credit is equal to the lesser of: (1) an amount ranging from $200 to $1,000, depending on the extent to which the taxpayer's adjusted gross income exceeds the federal poverty level; or (2) 20% of the taxpayer's employment related expenses.

Sponsor (1)

Action history (2)
  1. Jan 11, 2023 Authored by Senator Yoder · upper
  2. Jan 11, 2023 First reading: referred to Committee on Tax and Fiscal Policy · upper
Subjects
CHILDREN AND MINORS, Child Care ProgramsINCOME TAXES, Credits

Text versions (1)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced Senate Bill (S) · Jan 11, 2023 · PDF

Full text

The full text hasn’t been imported yet. CivicGate fetches it from the state legislature’s published version documents — check now.

Comments

Comments

Loading comments…

Data from OpenStates. View on OpenStates →