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MS SB2778
Bill
AI Summary
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Authorizes the Department of Child Protection Services to make monthly payments to grandparents who assume primary care of their grandchildren, up to 100% of the foster care board payment amount, without requiring the grandparent to establish legal custody.
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Requires grandparents receiving payments to comply with department training requirements and submit a written application for approval.
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Creates a state income tax credit of up to $2,500 per grandchild for taxpayers who legally care for or provide for a grandchild during calendar year 2025 and thereafter.
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Allows unused tax credits to be carried forward for three succeeding tax years and permits claiming the credit for any child for which a dependent exemption is claimed.
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Takes effect July 1, 2025.
Legislative Description
Grandparents; authorize payment of support for assuming primary care of grandchildren, create tax credit for.
Last Action
Died In Committee
2/4/2025