Relating to: refundability of the additional child and dependent care tax credit and making an appropriation. (FE)

Summary

The bill makes the additional child and dependent care credit refundable, so if a taxpayer’s credit exceeds the state tax they owe, the excess is paid out by the state. It creates a dedicated appropriation account to cover those payments and updates the credit calculation to match the federal credit using a different expense limit. The change would affect Wisconsin taxpayers who claim the credit for the 2024‑2025 tax years.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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