HB2004

Provides an income tax credit for families with children born in the state.

Allows an income tax credit for families with children born in the state. The credit is $2,000 for each qualifying child for a single individual, married person filing separately or a head of household, and $4,000 for each qualifying child for a married couple filing jointly. The credit is reduced based on the taxpayer's income relative to the federal poverty level. The credit is available for the taxable year of the birth of the child if the mother completed a parenting education course during the pregnancy.