{"id":126084,"date":"2023-12-15T17:36:30","date_gmt":"2023-12-15T22:36:30","guid":{"rendered":"https:\/\/www.thevalleyledger.com\/?p=126084"},"modified":"2023-12-15T17:36:30","modified_gmt":"2023-12-15T22:36:30","slug":"fiscal-code-includes-enhancement-of-child-and-dependent-care-tax-credit-mackenzie-championed","status":"publish","type":"post","link":"https:\/\/www.thevalleyledger.com\/?p=126084","title":{"rendered":"Fiscal Code Includes Enhancement of Child and Dependent Care Tax Credit Mackenzie Championed"},"content":{"rendered":"

HARRISBURG<\/strong>\u00a0\u2013 The Fiscal Code bill signed into law this week by Gov. Josh Shapiro includes an enhancement of Pennsylvania\u2019s Child and Dependent Care Tax Credit, an issue that Rep. Ryan Mackenzie (R-Lehigh) has been advocating for since the introduction of his legislation on this topic back in February. The Fiscal Code is budget-related legislation that directs how state funding is to be spent.<\/p>\n

\u201cWhen I introduced my Pennsylvania Families Tax Relief bill package earlier this year, the intent was to provide a variety of budget options that would help working families deal with the high costs of everyday life,\u201d said Mackenzie. \u201cI am pleased that this proposal was included in the 2023-24 Fiscal Code and is now law.\u201d<\/p>\n

Specifically, the new law increases the Child and Dependent Care Tax Credit to match the federal credit of up to $3,000 for one qualifying individual and $6,000 for two more qualifying individuals, beginning in tax year 2023. Mackenzie\u2019s proposal shared the same end result with a phased-in approach over a three-year period.<\/p>\n

Other bills in Mackenzie\u2019s Pennsylvania Families Tax Relief package include:<\/p>\n