creating tax credits for businesses that have on-site child care services and for businesses that provide health care coverage for certain employees.

Summary

The bill lets businesses deduct a portion of the money they spend on on‑site child‑care facilities or on health benefits for qualifying workers. It caps the child‑care credit at $100,000 per year and the health‑care credit at $10,000 per employee, both at 20% of eligible costs. The measure aims to encourage employers to provide these services and reduce the cost burden on families.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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