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.

Statutes affected:
Introduced: 314.772, 318.031