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IN SB0239
Bill
Status
Engrossed
2/26/2013
Primary Sponsor
Randall Head
Click for details
AI Summary
- Creates the "Paths to Quality" income tax credit for Indiana taxpayers with dependent children under age 6 who attend child care facilities voluntarily participating in the state's quality rating system
- Credit amounts based on facility quality rating: $20/month for level 4 facilities, $15/month for level 3, and $5/month for level 2 (child must attend at least 100 hours per month)
- Credit is nonrefundable with no carryover, carryback, or refund of unused amounts
- Establishes the Paths to Quality program as a voluntary child care quality rating and improvement system with four rating levels, administered by the Division of Family Resources in partnership with organizations including Indiana Head Start and Early Childhood Alliance
- Effective January 1, 2014, with an emergency declaration for program establishment upon passage
Legislative Description
Tax credit for quality child care.
Last Action
First reading: referred to Committee on Ways and Means
3/4/2013
Committee Referrals
Ways and Means3/4/2013
Tax and Fiscal Policy1/7/2013
Full Bill Text
No bill text available