Bill > SB521

This bill expands tax credits for employers in Kansas who invest in child care for their employees and for the community, with the goal of increasing child care options. Specifically, it allows employers to claim a credit for expenses related to paying for child care for their employees, establishing or expanding employer-used child care programs, paying for child care referral services, and contributing to collaborative child care initiatives with other businesses. Additionally, employers can receive a credit for financially contributing to third-party organizations that expand community child care availability, with a higher credit percentage (75%) if these providers accept children and families receiving government child care subsidies, and a lower percentage (50%) if they do not. The bill also increases the maximum credit a single taxpayer can claim annually from $30,000 to $100,000 and sets an aggregate cap of $3,000,000 for all credits claimed statewide. The term "community child care" is defined as a provider located within 45 miles of the employer that is open at least nine hours per day. This legislation aims to make child care more accessible and affordable for working families by incentivizing employer involvement.