Bill > S03890

This bill provides employers with a tax credit of up to 20% of the expenses incurred in providing day care services to the children and wards of their employees, and in training persons employed by the taxpayer or a third-party provider rendering such services. To receive the credit, the facility or program providing the day care services must be licensed and subject to regulations governing day care facilities in New York City. The bill also includes provisions to prevent discrimination in the availability of these day care services and allows for preferences to be given to children or wards of employees for whom obtaining or maintaining employment is contingent on the availability of day care.