SB 471 – Expands the dependency exemption for income taxes to stillbirths

• Sponsor: Schaaf
• LR Number: 2245S.01I
• Committee: Ways and Means
• Last Action: 5/15/2015 - S Informal Calendar S Bills for Perfection--SB 471-Schaaf
• Effective Date: August 28, 2015

Current Bill Summary

SB 471 - This act extends the current dependency exemption of $1,200 to stillbirths. The taxpayer may only claim the exemption in the year of the stillbirth.

This act is identical to SB 450 (2015) and HB 649 (2015). This act is identical to a provision in SS/SCS/HCS/HBs 517 & 754 (2015).

MIKE HAMMANN