HOUSE BILL 102

File Code: Taxes - Income

Sponsored By:

Delegate Cryor

Entitled:

Income Tax - Credit for Child and Dependent Care Expenses

Synopsis:

Increasing the maximum income for eligibility for the State income tax credit for child and dependent care expenses from $50,000 to $100,000 and from $25,000 to $50,000 in the case of a married individual filing a separate return; altering income levels at which the credit is phased out; applying the Act to tax years after 2001; etc.

History by Legislative Date

House Action

1/10

First Reading Ways and Means

1/16

Hearing 1/23 at 11:00 a.m.

3/15

Unfavorable Report by Ways and Means

Senate Action

No Action

Bill indexed under the following Subjects:

DAY CARE

INCOME TAX

MINORS -see also- AGE OF MAJORITY; YOUTH

TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Tax - General

( 10-716 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered