HB 1371 -- Income Tax:  Home Disability Tax Credit

Sponsor:  Bray

This bill creates the Home Disability Tax Credit Program.

The bill authorizes a state individual income tax credit for
purchases of certain assistive technology products, devices, and
equipment and for certain custodial care costs by a taxpayer on
behalf of an eligible disabled individual.

The tax credit will be equal to 50% of the cost of the assistive
technology products, devices, and equipment and for custodial
care costs if the taxpayer's federal adjusted gross income is
$30,000 or less.  The tax credit will be equal to 30% of the
cost if the taxpayer's federal adjusted gross income is greater
than $30,000.  The maximum credit for any one taxpayer cannot
exceed $3,000.  If the taxpayer's federal adjusted gross income
is $30,000 or less, any unused credit will be refunded up to
$300.

The tax credit applies to tax year 2000 and thereafter.