89th Legislature

SB 1781

Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
SB 1781 creates a franchise tax credit for businesses that provide childcare benefits to employees. It allows companies to claim a tax credit based on the amount spent subsidizing employee childcare costs at licensed childcare facilities. The credit is capped at 1.5% of the business’s franchise tax liability​.
Author
Borris Miles