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Continue Child Care Contribution Tax Credit

Concerning the continuation of the income tax credit for a qualifying contribution to promote child care in the state.
2018 Regular Session
Fiscal Policy & Taxes
Bill Summary

Income tax - child care contribution credit - extension. A taxpayer who makes a monetary contribution prior to January 1, 2020, to promote child care in the state is allowed an income tax credit that is equal to 50% of the total value of the contribution. The act extends the credit for 5 more years.
(Note: This summary applies to this bill as enacted.)


Became Law


Bill Text

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The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details