HB18-1004 - 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.

A taxpayer who makes a monetary contribution 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. This exemption is currently available for income tax years that commence prior to January 1, 2020. The bill extends the credit for 5 years.

(Note: This summary applies to this bill as introduced.)

Latest update: April 20, 2018
04/20/2018 - House Third Reading Passed - No Amendments
04/19/2018 - House Second Reading Special Order - Passed with Amendments - Committee
04/19/2018 - House Committee on Appropriations Refer Unamended to House Committee of the Whole
01/29/2018 - House Committee on Finance Refer Amended to Appropriations
01/10/2018 - Introduced In House - Assigned to Finance + Appropriations