
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: WEDNESDAY, January 26, 1994                   TAG: 9401260209
SECTION: VIRGINIA                    PAGE: C-4   EDITION: METRO 
SOURCE: ROB EURE
DATELINE: RICHMOND                                LENGTH: Short

STAY-AT-HOME PARENTS MAY GET TOKEN TAX BREAK

Families in which one parent stays home to raise children would get a $25 tax break from the state under a measure introduced by Del. Clifton "Chip" Woodrum, D-Roanoke.

"The amount may be symbolic, but the principle is important," Woodrum said. "Current law makes some allowances for child care. This bill simply recognizes and honors those families in which one parent elects to stay at home and care for their children."

The bill could cost $3.5 million to $4.5 million a year, according to state estimates. It would be allowed as a tax credit to families with taxable income of $50,000 or less who do not receive unemployment benefits, workers' compensation, Aid to Dependent Children or general assistance.

Woodrum said the measure should cost less that the state estimate because the estimate does not allow for families that receive Aid to Dependent Children.

Keywords:
GENERAL ASSEMBLY 1994

by CNB