Plain English Breakdown
The official source material does not provide specific details about medical documentation or requirements for claiming the exemption, nor does it mention the Department of Treasury's role in providing guidance.
Income Tax Exemption for Fetus
This law adds a new exemption to the individual income tax for people who have lost a fetus after at least 20 weeks of pregnancy.
What This Bill Does
- Adds an exemption from state income tax for individuals who experience fetal loss after 20 or more weeks of pregnancy.
Who It Names or Affects
- People who have lost a fetus after at least 20 weeks of pregnancy
Terms To Know
- Exemption
- A part of income that is not taxed.
- Fetus
- An unborn offspring from the end of the eighth week after conception until birth.
Limits and Unknowns
- The bill does not specify how much tax relief will be given for this exemption.
- It is unclear if there are any limits on how many times a person can claim this exemption.