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HB2232: Establishing a child income tax credit.
IntroducedHouse
Introduced
In Committee
Passed Chamber
Passed Both
Signed
Plain-Language Summary
This bill proposes a tax credit for parents or guardians who have dependent children. The credit would be applied to their income taxes.
Who This Affects
The bill would benefit families with children under the age of 18, providing them with a reduction in their income tax liability.
Key Provisions
• The credit would be available to parents and guardians with dependent children under the age of 18.
• The amount of the credit has not been specified in the bill.
• The credit would be applied to income taxes, reducing the overall tax burden for eligible families.
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Timeline
Introduced
Monday, February 3, 2025
Last Action
House Referred to Committee on Taxation
Feb 3, 2025
Sponsors
No sponsors listed.
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