AB 691: Personal Income Tax Law: credits: pet adoption and medical expenses.

This bill allows a credit against personal income tax for qualified pet adoption costs and medical expenses. The credit is limited to $250 for adoption costs and $500 for medical expenses per taxable year. The bill restricts claims to one pet per taxpayer's lifetime and prohibits joint spouses from claiming the credit for the same pet. Taxpayers must provide required information to administer the credit. The bill also includes specific goals, performance indicators, and data collection requirements, as well as reimbursement provisions. The bill takes effect immediately as a tax levy.