HB18-1004

HB18-1004 - Continue Child Care Contribution Tax Credit

Passed/Signed into Law
Concerning the continuation of the income tax credit for a qualifying contribution to promote child care in the state.

A taxpayer who makes a 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. This exemption is currently available for income tax years that commence prior to January 1, 2020. The bill extends the credit for 5 years.

(Note: This summary applies to this bill as introduced.)

 

Latest update: May 30, 2018
05/30/2018 - Governor Signed
05/16/2018 - Sent to the Governor
05/16/2018 - Signed by the President of the Senate
05/16/2018 - Signed by the Speaker of the House
05/04/2018 - Senate Third Reading Passed - No Amendments
05/03/2018 - Senate Second Reading Passed - No Amendments
05/01/2018 - Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
04/26/2018 - Senate Committee on Finance Refer Unamended to Appropriations
04/23/2018 - Introduced In Senate - Assigned to Finance
04/20/2018 - House Third Reading Passed - No Amendments
04/19/2018 - House Second Reading Special Order - Passed with Amendments - Committee
04/19/2018 - House Committee on Appropriations Refer Unamended to House Committee of the Whole
01/29/2018 - House Committee on Finance Refer Amended to Appropriations
01/10/2018 - Introduced In House - Assigned to Finance + Appropriations