Relating to: refundability of the additional child and dependent care tax credit and making an appropriation. (FE)

This bill makes the Wisconsin additional child and dependent care tax credit refundable, meaning families who owe no state income tax can still receive the credit as a cash payment. It applies to tax years starting after December 31, 2023, and before January 1, 2026, allowing claimants to receive up to 100% of their federal child and dependent care tax credit. If the credit amount exceeds the taxpayer's state tax liability, the unused portion is paid directly by the state through the Department of Revenue. The legislation also includes an appropriation to fund these payments and updates related tax credit listings in state statutes.