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AR HB1540
Bill
Status
5/5/2025
Primary Sponsor
Julie Mayberry
Click for details
AI Summary
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Doubles the income tax credit for taxpayers maintaining, supporting, and caring for an individual with a developmental disability in their home from $500 to $1,000 per year
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Repeals the existing $500 income tax deduction for caring for a totally and permanently disabled child, replacing it with the enhanced credit system
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Expands the list of professionals who can certify a developmental disability to include licensed advanced practice registered nurses and licensed physician assistants, in addition to physicians, psychologists, and psychological examiners
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Adopts the federal definition of "developmental disability" from 42 U.S.C. § 15002 and broadens eligibility to include the taxpayer's biological child, adopted child, or qualifying dependent
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Effective for tax years beginning on or after January 1, 2025
Legislative Description
To Amend The Income Tax Credit And The Income Tax Deduction Related To Maintaining, Supporting, And Caring For An Individual With A Disability.
Last Action
Died in House Committee at Sine Die adjournment.
5/5/2025