Bill > A07150

This bill enacts the "Disabled Child Care Act," which provides a tax credit to New York taxpayers for expenses incurred in caring for a qualifying disabled child. The credit is equal to 20% of qualified care expenses up to $2,400, with an additional $75 credit for expenses over $240. Qualified expenses include costs for home health services, day care, personal care, and other services necessary to allow the disabled child to remain in the taxpayer's residence. The credit can be divided among eligible members of the same household, and it cannot be claimed for care provided in a wholly tax-exempt residence or for individuals who are not state residents. The bill will take effect on January 1 of the year following its enactment.