House Bill 1322
| || |
DIGEST OF INTRODUCED BILL
Paths to quality tax credits. Establishes the paths to quality tax credits. Provides that an individual is entitled to a refundable income tax credit for each child attending a child care facility that voluntarily participates in the paths to quality rating system (qualified child care facility) that has a quality rating of level 2 or higher. Provides that a taxpayer is entitled to a refundable income tax credit for certain eligible business and employer child care expenses. Provides that a qualified child care facility is entitled to a refundable income tax credit for providing child care services to a child participating in the child care and development voucher program, or if the child is in foster care. Provides that the amount of the credit is calculated based on the quality rating of the qualified child care facility and the monthly average number of children who participate in the child care and development voucher program and attend the qualified child care facility. Requires the division of family resources to adopt rules to administer the paths to quality rating system.
>Latest Printing > (PDF)
| ||In Committee - first House|