Modification To Child Care Tax Credit To Address Defects
Concerning the elimination of obsolete provisions of the child care contribution state income tax credit.
2021 Regular Session
Fiscal Policy & Taxes
Statutory Revision Committee. House Bill 00-1351, enacted in 2000, removed the provision permitting a child care contribution income tax credit for an in-kind contribution. Accordingly, the bill removes all references in the statute to an in-kind contribution. The bill also repeals an obsolete provision that is only applicable to the income tax year that commenced on or after January 1, 1999, but prior to January 1, 2000. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)