HB113

Mississippi HB113 proposes an income tax credit for child care expenses and for teachers and directors of qualified child care centers.

Mississippi HB113 authorizes an income tax credit for taxpayers who incur child care expenses for a dependent child attending a qualified child care center. The credit amount varies based on the type of center and the number of children attending. Additionally, teachers and directors of these centers are eligible for a refundable income tax credit. The bill specifies the maximum credit amounts and the conditions for eligibility, including income limits and the duration of child attendance at the center.