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A 4363

Establishes a tax credit for Gold Star children

2025 Regular Session Introduced by Charles Fall and 1 co-sponsor

Bill A 4363 establishes a tax credit for Gold Star children, providing financial support to those who lost a parent in military service, easing their burdens.

REFERRED TO WAYS AND MEANS
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WeVote Research Nonpartisan
Bill Summary · A 4363

Summary of Bill A 4363: Establishes a Tax Credit for Gold Star Children

Purpose and Intent

Bill A 4363 aims to provide financial support to Gold Star children—those who have lost a parent in military service to the United States—by establishing a tax credit specifically for them. The intent of this legislation is to honor the sacrifices made by these families and to alleviate some of the financial burdens they may face.

Key Provisions

  • Tax Credit Establishment: The bill proposes a tax credit for Gold Star children, although specific details regarding the amount of the credit and eligibility criteria have not been outlined in the current version.
  • Eligibility: The tax credit would be available to children of service members who have died in the line of duty, recognizing their unique circumstances and the challenges they may encounter.
  • Implementation Timeline: The bill was introduced on February 4, 2025, and has been referred to the Ways and Means Committee for further consideration.

Affected Parties

  • Gold Star Children: The primary beneficiaries of this bill will be children who have lost a parent due to military service. This demographic often faces emotional and financial hardships, and the proposed tax credit aims to provide some relief.
  • Military Families: The bill indirectly supports military families by acknowledging their sacrifices and providing a measure of financial assistance to those who have experienced loss.

Legislative Process

  • Current Status: As of the latest update, Bill A 4363 has been referred to the Ways and Means Committee for review. This is a crucial step in the legislative process, as the committee will evaluate the bill's provisions and determine its viability for further advancement.
  • Related Legislation: The bill is related to previous legislative efforts, including:
    • A 7823 (prior-session)
    • A 2596 (prior-session)
    • A 2014 (prior-session)

These related bills may provide context or precedent for the current proposal, indicating ongoing legislative interest in supporting Gold Star families.

Conclusion

Bill A 4363 represents a significant step towards supporting Gold Star children through financial means. By establishing a tax credit, the legislation seeks to honor the sacrifices of military families and provide necessary assistance to those who have lost a parent in service to the nation. As the bill progresses through the legislative process, further details regarding the tax credit's specifics will be crucial for understanding its full impact.

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

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