Plain English Breakdown
The plain English breakdown is still being put together. The official documents below are already here.
SB21 • 2025
Creates an income or corporate excise tax credit allowed to a taxpayer that employs a foster child or a former foster child.
Creates an income or corporate excise tax credit allowed to a taxpayer that employs a foster child or a former foster child.
Children
Taxes
Passed Legislature
This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.
Bill History
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2025-06-27
Senate
In committee upon adjournment.
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2025-03-26
Senate
Public Hearing held.
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2025-01-17
Senate
Referred to Finance and Revenue, then Tax Expenditures.
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2025-01-13
Senate
Introduction and first reading. Referred to President's desk.
Official Summary Text
Digest: 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. Relating to: Relating to a tax credit for employment of foster children; prescribing an effective date. Current location: In Senate Committee