Loading chat...

CT HB05121

Bill

Official Source

Status

Introduced

2/9/2016

Primary Sponsor

Finance, Revenue and Bonding Committee

Click for details

Origin

House of Representatives

2016 General Assembly

AI Summary

  • Establishes a state income tax credit for taxpayers subject to Connecticut's income tax (Chapter 229) equal to the federal dependent care tax credit allowed under 26 USC 21
  • Credit applies to employment-related expenses for care of dependents under age thirteen, as defined in federal tax law
  • Effective January 1, 2017, and applicable to taxable years commencing on or after January 1, 2017
  • Credit amount mirrors the federal credit allowed for dependent child care costs to the extent permitted under federal law

Legislative Description

An Act Establishing A Tax Credit For Dependent Child Care Costs.

Last Action

Public Hearing 03/09

3/4/2016

Committee Referrals

Finance, Revenue and Bonding2/9/2016

Full Bill Text

No bill text available