Provides for a tax credit for a certain amount of money expended on the care of a qualifying disabled child

S 6966 creates a tax credit for taxpayers who pay for the care of a qualifying disabled child, such as one with autism, developmental disabilities, or a physical disability. The credit equals 20% of up to $2,400 in qualifying care expenses (e.g., home health services, day care, equipment), plus an additional $75 if expenses exceed $240 annually. To qualify, the child must live with the taxpayer and be within the third degree of family relation. The credit reduces tax liability, and any unused portion is paid as a refund without interest.