SS/SB 1032 - Current law authorizes a taxpayer to claim a $1,200 exemption for each dependent for whom such taxpayer is entitled to a dependency exemption for federal tax purposes, provided such federal exemption is not equal to $0. This act authorizes a taxpayer to claim a $2,400 exemption during the tax year in which a taxpayer gives birth to or adopts a child for which the taxpayer is entitled to a dependency exemption for federal tax purposes, regardless of whether the federal exemption is equal to $0. This act is substantially similar to SB 371 (2025), SB 1225 (2024), HB 457 (2023) and SB 12 (2022 First Extraordinary Session), and to a provision in SS/SCS/SB 133 (2023), as amended. JOSH NORBERG

Looking ahead

No hearings or votes scheduled.

History

1. 2026
   1. Mar 12Referred H Ways and MeansLatest
   2. Feb 27H Second ReadMinor
   3. Feb 26Hearing Conducted S Fiscal Oversight Committee
   4. Feb 26Voted Do Pass S Fiscal Oversight CommitteeMinor
   5. Feb 26Reported from S Fiscal Oversight Committee
   6. Feb 26S Third Read and PassedMajor
   7. Feb 26H First ReadMinor
   8. Feb 24SS S offered (Moon)--(5404S.02F)
   9. Feb 24SA 1 to SS S offered & adopted (Coleman)--(5404S02.06S)
   10. Feb 24SA 2 to SS S offered (McCreery)--(5404S02.07S)
   11. Feb 24SA 1 to SA 2 to SS S offered & adopted (Coleman)--(5404S02.08S)
   12. Feb 24SA 2 to SS, as amended, S adoptedPassed 2nd Chamber
   13. Feb 24SS, as amended, S adoptedPassed 1st Chamber
   14. Feb 24Perfected
   15. Feb 24Reported Truly Perfected S Rules, Joint Rules, Resolutions and Ethics Committee
   16. Feb 24Referred S Fiscal Oversight CommitteeMinor
   17. Feb 12Reported from S Economic and Workforce Development Committee
   18. Jan 28Voted Do Pass S Economic and Workforce Development CommitteeMinor
   19. Jan 21Hearing Conducted S Economic and Workforce Development Committee
   20. Jan 15Second Read and Referred S Economic and Workforce Development CommitteeMinor
   21. Jan 7S First ReadMinor
2. 2025
   1. Dec 1PrefiledIntroduced