SB789
Newborn and stillborn tax credit; establishes a refundable income tax credit.
Summary
As Introduced. Newborn and stillborn tax credit.
Establishes a refundable income tax credit for taxable years 2025 through 2029 for married individuals in an amount equal to $2,000 per eligible birth, defined in the bill. The bill also allows individuals and married individuals filing jointly to claim a refundable credit in an amount equal to $2,000 per ... (More) stillborn birth so long as such stillborn birth is not also the birth of a child by a surrogate. The bill specifies that only one tax credit may be claimed for each eligible birth or stillborn birth. (Less)-
Bill History
- 12/28/2024 - Senate: Prefiled and ordered printed; Offered 01-08-2025 25101893D
- 12/28/2024 - Senate: Referred to Committee on Finance and Appropriations
- 01/15/2025 - Senate: Impact statement from TAX (SB789)
- 01/21/2025 - Senate: Passed by indefinitely in Finance and Appropriations (13-Y 1-N)
