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SB268

Income tax, state; creates child tax credit.

Status:
In Senate

Latest Action: Jan. 28, 2026
Senate: Continued to next session in Finance and Appropriations (9-Y 4-N)

Chief Patron:
Christie New Craig (R)

Session:
2026 Regular Session

Summary

As Introduced. Individual income tax; child tax credit.

Creates a refundable individual income tax credit in taxable years 2027 through 2031 in an amount equal to that allowed for the corresponding federal child tax credit. Only one credit may be claimed for each qualifying child, as defined in the bill.
  • Bill History

  • 01/12/2026 - Senate: Prefiled and ordered printed; Offered 01-14-2026 26105129D
  • 01/12/2026 - Senate: Referred to Committee on Finance and Appropriations
  • 01/26/2026 - Senate: Fiscal Impact statement From TAX (1/26/2026 8:12 am)
  • 01/28/2026 - Senate: Continued to next session in Finance and Appropriations (9-Y 4-N)