S. 1253 · 108th Congress
Stay-At-Home Parents' Tax Credit Act of 2003
- Stage
- In committee
- Sponsor
- Lisa Murkowski
- Introduced
- 2003-06-12
- Latest action
- 2003-06-12 · Introduced in Senate
Summary
Stay-At-Home Parents' Tax Credit Act of 2003 - Amends the Internal Revenue Code to provide within the dependent care credit a minimum credit of $200 per month for stay-at-home parents with one or more qualifying individuals under the age of six at any time during the year.
Allows: (1) the dependent care credit to be taken against the minimum tax; and (2) a carryforward of any unused dependent care credit.