An annual tax credit for resident married, civil union or de facto couples responsible for an under-18 dependent child. Under the bill, couples with dependent children would be assessed for tax according to household income as opposed to individual income as is currently the case. For example, a couple where one individual is employed earning $100,000 would face the same tax burden as a couple who earn $50,000 each. The bill was part of National’s deal with United Future which allowed for it to go to select committee. The select committee supported the policy intent but requested much more research in its report back to Parliament. First reading Oct 2010 with select committee report back in March 2011 been awaiting second reading ever since.  Bill lapsed as it was not reinstated in the 52nd Parliament. Taxation (Income-sharing Tax Credit) Bill