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HB16-1292

Income Tax Credit For Sandwich Generation

Concerning an income tax credit for certain qualifying taxpayers with both child and relative dependents.
Session:
2016 Regular Session
Subject:
Fiscal Policy & Taxes
Bill Summary

The bill creates a refundable income tax credit for middle- and low-income taxpayers who claim exemptions for dependents on their federal income tax return for both qualifying children and qualifying relatives.

(Note: This summary applies to this bill as introduced.)

Status

Introduced
Lost

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Bill Text

Sponsors

Sponsor Type Legislators
Prime Sponsor

Rep. D. Kagan
Sen. K. Donovan

Sponsor

Rep. S. Lebsock, Rep. P. Rosenthal, Rep. S. Ryden, Rep. E. Vigil

Co-sponsor