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S. 1253

BillFederalSenateIn Committee
Stay-At-Home Parents' Tax Credit Act of 2003
About This Bill
Committee
Latest Action · June 12, 2003
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7839)
Congress
108th (2003–2005)
Introduced
June 12, 2003
Cosponsors (0)
None
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Summary

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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.

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