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 makes several significant changes to child care assistance programs and tax credits in Alaska. The bill renames the "day care assistance program" to the "child care assistance program" and modifies various statutes related to child care benefits and tax incentives. Key provisions include increasing the maximum tax credit limit from $3 million to $10 million for various industries (such as insurance, oil and gas, mining, and fisheries), expanding tax credits to include child care facility expenses and employee child care cost offsets, and modifying eligibility and administrative requirements for child care assistance programs. The bill removes some previous restrictions, such as a specific cap on family monthly income contributions and a requirement for facilities to be designated as "quality child care facilities." Additionally, the bill adds new provisions that require child care facilities receiving grants to prioritize children participating in child care assistance programs and prohibit denying child acceptance based on disability or socioeconomic status. The changes aim to provide more flexible support for child care services and incentivize employers to support child care for their employees.
Committee Categories
Education
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Rules (H)
Last Action
House Education Hearing (08:00:00 5/9/2025 Davis 106) (on 05/09/2025)
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=HB190 |
BillText | https://www.akleg.gov/PDF/34/Bills/HB0190A.PDF |
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