Continuation of Child Care Contribution Tax Credit
| Type | Bill |
|---|---|
| Session | 2026 Regular Session |
| Subjects |
Concerning a continuation of the income tax credit for a qualifying contribution to promote child care in the state.
Bill Summary:
Under current law, for income tax years commencing prior to January 1, 2028, a taxpayer who makes a qualifying monetary contribution to promote child care in the state is allowed an income tax credit that is equal to 50% of the total value of the contribution, not to exceed $100,000. The bill extends this tax credit for 10 years.
(Note: This summary applies to this bill as introduced.)
Prime Sponsors
Representative
Julie McCluskie
Representative
Jarvis Caldwell
Senator
James Coleman
Senator
Cleave Simpson
Committees
House
Finance
If you require reasonable accessibility accommodation to access this content, please email accessibility@coleg.gov.
Upcoming Schedule
1 meeting