HB 2007: TAXATION; HOUSEHOLD AND DEPENDENT CARE SERVICES TAX CREDIT; APPLICABLE PERCENTAGE; EMPLOYMENT-RELATED EXPENSES; DISALLOWANCE PERIOD
- Session Year: 2025-2026
- House: House
- Latest Version Date: 2026-03-27
Current Status:
In Progress
(2026-03-30: Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Increases a taxpayer's applicable percentage of employment-related expenses that is used to calculate the household and dependent care services tax credit. Establishes certain disallowance periods following a final decision that a claim for the credit was due to fraud and that the claim was disallowed. Extends the sunset date of the temporary increase in maximum employment-related expenses that are used to calculate the household and dependent care services tax credit, established by Act 163, SLH 2023, to 6/30/2030. Sunsets 6/30/2030. Effective 1/1/2050. (SD1)
Discussed in Hearing
4MINSenate Standing Committee on Agriculture and Environment
4MINSenate Standing Committee on Education
4MINSenate Standing Committee on Health and Human Services
4MINSenate Standing Committee on Labor and Technology
4MINSenate Standing Committee on Economic Development and Tourism
27SECSenate Standing Committee on Agriculture and Environment
27SECSenate Standing Committee on Education
27SEC