AN ACT ESTABLISHING A CHILD PERSONAL INCOME TAX DEDUCTION.

HB 5411 would create a $2,000 annual personal income tax deduction for each child claimed by taxpayers. This directly affects families filing state income tax returns who have dependent children. The key provision reduces taxable income by $2,000 per child, lowering the amount of income subject to state tax. It does not change tax rates or require new reporting beyond standard tax filing. The bill applies to all eligible taxpayers with children, regardless of income level.