PRINTER'S NO. 62
No. 46 Session of 2007
INTRODUCED BY C. WILLIAMS, MUSTO, COSTA, TARTAGLIONE, STOUT, FONTANA, GREENLEAF, GORDNER, BROWNE, STACK AND LOGAN, FEBRUARY 7, 2007
REFERRED TO FINANCE, FEBRUARY 7, 2007
AN ACT 1 Amending the act of March 4, 1971 (P.L.6, No.2), entitled "An 2 act relating to tax reform and State taxation by codifying 3 and enumerating certain subjects of taxation and imposing 4 taxes thereon; providing procedures for the payment, 5 collection, administration and enforcement thereof; providing 6 for tax credits in certain cases; conferring powers and 7 imposing duties upon the Department of Revenue, certain 8 employers, fiduciaries, individuals, persons, corporations 9 and other entities; prescribing crimes, offenses and 10 penalties," providing for a child-care credit against 11 personal income tax. 12 The General Assembly of the Commonwealth of Pennsylvania 13 hereby enacts as follows: 14 Section 1. The act of March 4, 1971 (P.L.6, No.2), known as 15 the Tax Reform Code of 1971, is amended by adding a section to 16 read: 17 Section 304.1. Credit for Child Care.--(a) A taxpayer is 18 entitled to a credit against the tax imposed by this article in 19 accordance with this section. 20 (b) A taxpayer is eligible for the credit under this section 21 if all of the following apply: 22 (1) The taxpayer is the parent of a child who:
1 (i) is twelve years of age or younger; and 2 (ii) resides with the taxpayer. 3 (2) The taxpayer and, if the taxpayer is married, the 4 taxpayer's spouse work at least thirty-five hours per week. 5 (3) The taxpayer pays for child care for the child referred 6 to in clause (1). 7 (c) The amount of the credit under subsection (b) shall be 8 the per cent specified in section 302(a) or (b) of the amount 9 spent by the taxpayer on child care under subsection (b)(3). 10 Section 2. The addition of section 304.1 of the act shall 11 apply to taxable years beginning after December 31, 2006. 12 Section 3. This act shall take effect immediately. L18L72MSP/20070S0046B0062 - 2 -