An Act relative to middle class economic relief

This bill introduces several economic relief measures for Massachusetts residents, including a new tax credit for licensed child care expenses capped at $3,000 per child and an income-based deduction for home heating costs. It also creates a refundable tax credit of up to $5,000 for qualified higher education tuition and fees, with any unused portion carried forward for seven years. Additionally, the legislation allows taxpayers to claim a charitable contribution deduction without needing to itemize their federal returns and establishes a $500,000 pilot grant program for resident-owned startup companies.