SB 646 - This act authorizes a tax credit in an amount equal to $1,000 for each dependent, as defined in the act, for a taxpayer that is the biological parent of such dependent and who is married to the other biological parent of such dependent. The tax credit shall be increased to $1,500 per dependent if the biological parents were married prior to the conception of the dependent.

Tax credits authorized by the act shall be refundable, but shall not be transferred, sold, or assigned.

This act shall sunset on December 31, 2031, unless reauthorized by the General Assembly.

JOSH NORBERG