Supporting employers providing child care assistance to employees by establishing a business and occupation and public utility tax credit.

Summary

The bill establishes a 50% tax credit for employers who pay for child‑care services for their employees. It is limited at first to firms with fewer than 100 full‑time equivalents or those in a child‑care consortium, then opens to all employers. The credit is intended to help small businesses compete for workers by reducing the cost of affordable child care.

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

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