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Bill > HB322


MS HB322

MS HB322
Income tax; authorize credit for certain child care expenses, child care centers and child care teachers and directors.


summary

Introduced
01/09/2023
In Committee
01/09/2023
Crossed Over
Passed
Dead
02/22/2023

Introduced Session

2023 Regular Session

Bill Summary

An Act To Authorize An Income Tax Credit For Certain Taxpayers Who Incur Child Care Expenses For A Dependent Child To Attend A Child Care Center That Is Qualified As A Standard Child Care Center Or Comprehensive Child Care Center Under The Mississippi Department Of Human Services Voluntary Child Care Program; To Provide For The Amount Of The Tax Credit; To Authorize A Refundable Income Tax Credit For A Taxpayer Who Is Qualified As A Standard Child Care Center Or Comprehensive Child Care Center Under The Mississippi Department Of Human Services Voluntary Child Care Program; To Provide For The Amount Of The Tax Credit; To Authorize A Refundable Income Tax Credit For A Taxpayer Who Is Employed As A Teacher Or Director With A Child Care Center That Is Qualified As A Standard Child Care Center Or Comprehensive Child Care Center Under The Mississippi Department Of Human Services Voluntary Child Care Program; To Provide For The Amount Of The Tax Credit; And For Related Purposes.

AI Summary

This bill authorizes an income tax credit for certain taxpayers who incur child care expenses for a dependent child to attend a child care center qualified as a standard or comprehensive child care center under the Mississippi Department of Human Services' voluntary child care program. The bill also provides a refundable tax credit for taxpayers who are qualified as standard or comprehensive child care centers, as well as a refundable tax credit for taxpayers employed as teachers or directors at qualified child care centers. The bill sets specific requirements and amounts for each of these tax credits and directs the Department of Revenue to implement and administer the provisions of the bill.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Died In Committee (on 02/22/2023)

Bill Topics

Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform
Social Welfare
  • ‐ Family Issues

bill text


bill summary

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