HOUSE BILL 171

File Code: Taxes - Income

Sponsored By:

Delegates W. Baker, Walkup, and Crouse

Entitled:

Tax Credit for Cost of Employee Child Care Expenses

Synopsis:

Allowing a credit against the State income tax for costs incurred by an employer for child care expenses of an employee who works or resides in the State if the employer pays at least 10% of the employee's child care expenses; and providing that the credit may not exceed the State income tax for that taxable year and that any unused credit may not be carried over to any other taxable year.

History by Legislative Date

House Action

1/16

First Reading Ways and Means

1/24

Hearing 2/5 at 11:00 a.m.

3/15

Unfavorable Report by Ways and Means

Senate Action

No Action

Sponsored by:

Delegate Wheeler R. Baker, District 36

Delegate James G. Crouse, District 36

Delegate Mary Roe Walkup, District 36

Bill indexed under the following Subjects:

DAY CARE

INCOME TAX

TAX CREDITS -see also- CIRCUIT BREAKER

WORK, LABOR AND EMPLOYMENT -see also- COL BARG; HOLIDAY; etc

Bill affects the following Statute:

Tax - General

( 10-724 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered