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Committee backs bill allowing employers a tax credit for childcare support; fiscal impact unclear
Summary
The Finance and Taxation Committee gave Senate Bill 2,282 a unanimous do-pass recommendation after debate over who would benefit and whether many taxpayers could actually use the credit; the fiscal note was listed as "could not be determined."
The Finance and Taxation Committee voted unanimously to give Senate Bill 2,282 a do-pass recommendation after discussion about which employers and taxpayers would actually be able to use the proposed income tax credit for employer-provided childcare reimbursement.
The bill, introduced by Senator Hogan and discussed in committee by Vice Chair Rummel and other members, would let employers claim an income tax credit for providing some reimbursement of childcare costs for employees. The committee record shows the measure passed on a roll-call in committee; the sponsoring senator was named…
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