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Committee advances childcare tax-credit bill, raises employer credit to 50% (Senate Bill 2282)
Summary
The committee approved multiple amendments to Senate Bill 2282, including increasing the employer credit from 30% to 50% and clarifying eligible payments; the amended measure was recommended for a due pass 9-4-1.
The Finance and Taxation Committee advanced Senate Bill 2282 with multiple amendments that change how an employer childcare tax credit is calculated and who qualifies to use it; the committee recommended a due pass as amended by a recorded vote of 9-4-1.
Representative Doctor moved to amend the bill to raise the credit calculation on line 11 from 30% to 50%; that amendment carried on a roll call (10-4). Committee members then worked through clarifying language with tax department legal counsel Matt Pearl, who explained the primary revision: the…
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