SB321

Montana SB321 provides tax credits for children and child care, including a child tax credit and a credit for child-care workers.

Montana SB321 introduces tax credits to support children and child care. It provides a child tax credit for resident taxpayers with children aged five or younger, subject to income limitations. Additionally, it offers a credit for child-care workers who have been employed for at least six months and worked a minimum of 20 hours a week. The bill also includes a business-supported dependent care credit for employers providing dependent care assistance to employees. The credits are subject to annual inflation adjustments and specific eligibility criteria.