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  • NJ A508
  • Provides a corporation business tax credit for day care center support benefiting children of employees.
Introduced
(1/27/2016)
In Committee
(1/27/2016)
Crossed OverPassedSignedDead/Failed/Vetoed
2016-2017 Regular Session
This bill provides for a tax credit under the corporation business tax for certain corporate taxpayer's support of a licensed child care service for their employees' children or certain other payments for child care services for children of employees. The credit is equal to 25% of expenses incurred. The credit may be taken in cooperation with other businesses involved in the same child care center service. This provision is intended to act as an incentive for smaller businesses to provide child care for their employees.
Women and Children
Introduced, Referred to Assembly Women and Children Committee  (on 1/27/2016)
 
 
Date Chamber Action Description
1/27/2016 A Introduced, Referred to Assembly Women and Children Committee
Date Motion Yea Nay Other
None specified