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Bill

SB 263

Child and dependent care tax credit.

2026 Regular Session Introduced by J.D. Ford

SB 263 modifies Indiana's child and dependent care tax credit, affecting financial support for working families with childcare or dependent care expenses.

First reading: referred to Committee on Tax and Fiscal Policy
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WeVote Research Nonpartisan
Bill Summary · SB 263

Legislative bill overview

SB 263 modifies Indiana's child and dependent care tax credit, though the specific parameters of the modification are not detailed in the provided information. The bill is currently in early legislative stages, having just been referred to the Committee on Tax and Fiscal Policy following its first reading.

Why is this important

Tax credits for child and dependent care directly affect household finances for working parents and caregivers, potentially influencing labor force participation and family economic stability. Changes to these credits can either expand support for working families or alter the state's tax revenue and budgetary commitments.

Potential points of contention

  • Eligibility scope - Whether the credit applies to all care types (daycare, preschool, elder care, etc.) or is limited to specific arrangements
  • Income limits and phase-outs - Questions about whether higher-income families benefit equally or if the credit is progressive/regressive
  • Fiscal impact - Whether the change increases or decreases state tax revenue and how it affects the overall budget

Compiled from official sources — confirm details with the bill’s official record.

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