SB 1781

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
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 (1)
Borris Miles
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