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Bill would give property-tax-style refund to nonprofit child-care centers that rent space
Summary
House File 805 would create a refund for nonprofit child-care centers that rent their facilities, intended to mirror a property-tax exemption available to nonprofit centers that own buildings; proponents said the measure would reduce operating costs for nonprofit centers and was laid over for possible inclusion in the omnibus tax bill.
Representative [Chair] Joaquin (author) told the House Taxes Committee that House File 805 would provide a property-tax-style refund for nonprofit child-care centers that rent their facilities, modeled on the property tax exemption nonprofit centers that own buildings already receive. The refund would be structured similarly to a renter's credit: a certificate from the building owner documenting gross rent paid would be submitted with proof of the center's…
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