Authors: Representative Christina Hale
Co-authors: Representative Ronald Bacon
Provides a tax credit against adjusted gross income tax liability of a veterinary services provider that performs a spay/neuter procedure on an animal at no cost to the owner of the animal. Defines "veterinary services provider" as a: (1) veterinarian, if the veterinarian provides veterinary services as a sole proprietor; or (2) professional services corporation or other business entity, if a veterinarian provides veterinary services through the veterinarian's affiliation with the professional services corporation or other business entity. Specifies that the amount of the credit is the lesser of: (1) an amount equal to the total number of spay/neuter procedures performed by the veterinary services provider at no cost during the taxable year, multiplied by the average cost of a spay/neuter procedure otherwise charged by the veterinary services provider during the taxable year, multiplied by 3.4%; or (2) $3,700.