Bill > HF2661

This bill establishes the licensed child care provider credit, which provides a 50% credit on the net property taxes for properties used to operate a licensed day care or family day care program. The bill also requires the commissioner of human services to provide a list of all licensed day care and family day care providers to each county, and appropriates funds from the general fund to reimburse local taxing jurisdictions and school districts for the tax reductions. The bill also makes corresponding changes to existing law to incorporate the new credit. The provisions of the bill are effective beginning with taxes payable in 2024.