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AR SB261
Bill
Status
Failed
5/1/2023
Primary Sponsor
John Payton
Click for details
AI Summary
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Amends Arkansas Code § 26-51-501(a)(3)(B)(i) to expand the definition of "dependent" for personal income tax credit purposes to include an unborn child.
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Qualifies an unborn child as a dependent if the woman is at least 12 weeks pregnant as of the last day of the tax year, with documentation required in the woman's medical records.
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Makes the provision effective for tax years beginning on or after January 1, 2023.
Legislative Description
To Provide For An Income Tax Credit For An Unborn Child; And To Provide That The "dependent" Includes An Unborn Child For Purposes Of The Personal Income Tax Credit.
Last Action
Sine Die adjournment
5/1/2023
Committee Referrals
Revenue & Taxation2/14/2023
Full Bill Text
No bill text available