A BILL to be entitled an Act to amend Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to income taxes, so as to increase the amount of a tax credit based on the federal tax credit for certain child and dependent care expenses to 40 percent of such federal tax credit; to provide for a child income tax credit; to provide for definitions; to provide for limitations and proration; to provide for rules and regulations; to revise a tax credit for employers providing child care; to decrease the number of children who use the facility that are required to be children of employees to qualify for such credit; to increase the amount of the credit; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.

Statutes affected:
As introduced LC 50 1009: 48-7-29.10, 48-7-20, 48-7-29.27, 48-7-85, 48-7-40.6
As passed Senate: 48-7-29.10, 48-7-20, 48-7-29.27, 48-7-85, 48-7-40.6