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Sponsor seeks state tax credit to spur employer-provided child care
Summary
Representative White told the committee House Bill 167 would create a state tax credit modeled on the federal IRC Section 45F credit to encourage businesses to provide on-site or contracted child care; the sponsor proposed higher state incentives, carryover rules, and inclusion of nonprofits.
Representative Beth White told the House Ways and Means Committee House Bill 167 would create a state tax credit to encourage employers to provide on-site or near-site child care or to contract with local providers.
"House Bill 167 is an implementation of one strategy to help incentivize more businesses to get engaged in this process of solving" the child care and workforce crisis, Representative White said. She described the proposal as a state version of the federal credit under Internal Revenue Code Section 45F and said it would offer a stronger, more…
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