H 5794 · South Carolina
Moderate impactLow risk
Tax credit for child care expenses
This bill helps South Carolina families cover the cost of childcare. It makes two main changes to the current tax credit: 1. **It removes limits:** It gets rid of rules that used to make the credit smaller. 2. **It makes the credit "refundable":** If your tax credit is worth more than the taxes you owe, the state will pay you the remaining balance as a cash refund instead of just lowering your tax bill to zero. In short: It makes the childcare tax credit easier to get and more valuable for families.
75
ScoreIn Committee75 days since introduced