summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation to make childcare and preschool more affordable for working families. Revenue.
AI Summary
This bill aims to make childcare and preschool more affordable for working families. It proposes to introduce a refundable tax credit against state income taxes for eligible childcare expenses. The credit would be up to $2,000 for each child under 3 years old, and up to $1,500 for each child between 3 and 5 years old. The credit would not be available to taxpayers with adjusted gross incomes exceeding 400% of the federal poverty level. The bill requires the Department of Revenue to promulgate regulations to implement this tax credit.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Accompanied S1674 (on 02/27/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/191/S1712 |
Bill | https://malegislature.gov/Bills/191/S1712.pdf |
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