NY A00200

Bill

Provides employers with a tax credit in an amount not to exceed 20% of expenses incurred in providing day care services to the children and wards of its employees and in training persons employed by the taxpayer or a third party provider rendering such services; provides that to receive such credit the facility or program rendering day care services must be licensed.

Introduced
01/04/2023

In Committee
01/03/2024

Crossed Over

Passed

Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to providing credits against the tax imposed upon employers providing certain day care services to the children of its employees

AI Summary

This bill provides employers with a tax credit of up to 20% of the expenses they incur in providing day care services to the children and wards of their employees, as well as in training the individuals who provide these services. To qualify for the credit, the day care facility or program must be licensed and subject to regulations governing day care facilities. The bill also prohibits employers from unfairly discriminating against employees in making day care services available and allows employers to give preference to employees for whom obtaining or maintaining employment is contingent on the availability of day care. The bill applies to taxable years starting on or after January 1, 2025.

Committee Categories

Budget and Finance

Sponsors (5)

Aileen Gunther (D)*, Bill Magnarelli (D)*, Vivian Cook (D), Chris Eachus (D), Karines Reyes (D),

Last Action

referred to ways and means (on 01/03/2024)

Official Document

https://www.nysenate.gov/legislation/bills/2023/A200

(2 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.nysenate.gov/legislation/bills/2023/A200
BillText	https://assembly.state.ny.us/leg/?default_fld=&bn=A00200&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A00200

Bill	Bill Name	Last Action	Type
A01434	Provides employers with a tax credit in an amount not to exceed 20% of expenses incurred in providing day care services to the children and wards of its employees and in training persons employed by the taxpayer or a third party provider rendering such services; provides that to receive such credit the facility or program rendering day care services must be licensed.	referred to ways and means	Reintroduced
S03380	Provides employers with a tax credit in an amount not to exceed 20% of expenses incurred in providing day care services to the children and wards of its employees and in training persons employed by the taxpayer or a third party provider rendering such services; provides that to receive such credit the facility or program rendering day care services must be licensed.	RECOMMIT, ENACTING CLAUSE STRICKEN	Same As

Bill > A00200

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (5)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary