CHILD CARE FACILITY DONATION TAX CREDIT

Summary

The bill lets eligible taxpayers claim a credit equal to the amount donated, up to $500,000 per donor, for contributions to licensed child‑care centers that serve children 12 or younger and receive state subsidies. Only $10 million of these credits can be awarded each calendar year, and any credit that exceeds a donor’s tax liability is refunded. The early childhood education and care department must certify each donation and publish the total credits claimed each month.

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

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