Allowing certain taxpayers with federal adjusted gross income for the taxable year that is $6,000 or less to claim a credit against the State income tax for certain dependent children under certain circumstances; providing that the credit is equal to $500 for each qualified child; allowing certain taxpayers to claim a refund in the amount of any excess credit; applying the Act to taxable years beginning after December 31, 2019, but before January 1, 2025; etc.
Bill File Type: Regular
Effective Date(s): July 1, 2020
( 10-751 )
Last Updated: 9/22/2020 3:14 PM