summary
Introduced
04/14/2025
04/14/2025
In Committee
04/14/2025
04/14/2025
Crossed Over
Passed
Dead
Introduced Session
34th Legislature
Bill Summary
An Act relating to the insurance tax education credit; relating to the income tax education credit; relating to the oil or gas producer education credit; relating to the property tax education credit; relating to the mining business education credit; relating to the fisheries business education credit; relating to the fisheries resource landing tax education credit; renaming the day care assistance program the child care assistance program; relating to the child care assistance program and the child care grant program; and providing for an effective date.
AI Summary
This bill implements several changes to Alaska's child care assistance programs and related tax credits. The bill renames the "day care assistance" program to the "child care assistance" program and modifies various aspects of child care support and funding. Key provisions include expanding tax credits for businesses that support child care, increasing the maximum allowable tax credit from $3 million to $10 million, and making several technical changes to how child care assistance is administered. The bill removes some previous restrictions on income eligibility and grants, and adds provisions to support child care facilities, such as allowing grants for high-performing facilities and prohibiting facilities from denying children based on disability or socioeconomic status. Additionally, the bill requires consultation with child care resource and referral agencies and child care providers when developing regulations. The changes aim to make child care more accessible and supportive for low and moderate-income families, while also providing incentives for businesses to support child care options for their employees.
Committee Categories
Education
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Rules (Senate)
Last Action
REFERRED TO EDUCATION (on 04/14/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.akleg.gov/basis/Bill/Detail/34?Root=SB171 |
| BillText | https://www.akleg.gov/PDF/34/Bills/SB0171A.PDF |
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