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AK HB188

AK HB188
Educ.tax Credit: Employer Child Care Cost


summary

Introduced
01/21/2020
In Committee
01/21/2020
Crossed Over
Passed
Dead
05/19/2020

Introduced Session

31st Legislature

Bill Summary

AN ACT ENTITLED "An Act relating to education tax credits for certain payments and contributions for child care and child care facilities; and providing for an effective date."

AI Summary

This bill amends various Alaska tax laws to allow for tax credits for employers who make expenditures to operate child care facilities for their employees' children or who make contributions to child care facilities operated by nonprofit corporations that are attended by their employees' children. The bill also allows for tax credits for employers who make payments to their employees to offset the employees' child care costs. These new tax credits are in addition to the existing tax credits for contributions to educational institutions and programs in Alaska.

Committee Categories

Education

Sponsors (1)

Last Action

REFERRED TO EDUCATION (on 01/21/2020)

bill text


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