Bill
Bill > H3624
MA H3624
Providing tax credits to certain employers that provide affordable, on-site child-care for employees
summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
Relative to providing tax credits to certain employers that provide on-site child-care for employees. Revenue.
AI Summary
This bill establishes a child care program tax credit for business corporations organized under the laws of the Commonwealth of Massachusetts that provide an affordable, on-site qualified child care center licensed by the Department of Early Education and Care for use by their employees. The credit is equal to 25% of the qualified child care expenditures associated with implementing the program, with a maximum credit of $150,000 per business corporation in any one taxable year. The Department of Early Education and Care is responsible for determining the criteria for eligibility and affordability for the credit, which must include restrictions on the costs a business corporation can charge employees for participating in the child care program.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H4244 (on 02/22/2018)
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://malegislature.gov/Bills/190/H3624 |
| Bill | https://malegislature.gov/Bills/190/H3624.pdf |
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