Creates an income or corporate excise tax credit allowed to a taxpayer that employs a foster child or a former foster child.

What it does

The legislature's own summary of the bill, or its official long title.

The Act makes a new tax credit for employment of foster children or former foster children. (Flesch Readability Score: 63.6). Creates an income or corporate excise tax credit allowed to a taxpayer that employs a foster child or a former foster child. Applies to tax years beginning on or after January 1, 2026, and before January 1, 2032. Takes effect on the 91st day following adjournment sine die.

Every action

4 steps, oldest first, as the legislature records them.

1. Jan 13, 2025SenateIntroduction and first reading. Referred to President's desk.
2. Jan 17, 2025CommitteeReferred to Finance and Revenue, then Tax Expenditures. · Senate Finance and Revenue
3. Mar 26, 2025CommitteePublic Hearing held. · Senate Finance and Revenue
4. Jun 27, 2025SenateIn committee upon adjournment.

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it.

• SG Sara Gelser BlouinD Primary sponsor · District 8