S170 (2025-26 session)

NY State bill

Provides employers with a tax credit in an amount not to exceed 20% of expenses incurred in providing day care services to the children and wards of its employees and in training persons employed by the taxpayer or a third party provider rendering such services; provides that to receive such credit the facility or program rendering day care services must be licensed.

Title
Provides business tax credit for employer provided day care
Type
New York State Senate bill
Session
2025-26 session
Status
In Senate Committee
Latest action date
2026-01-07
In committee
Budget And Revenue
Introduced
2024-12-19
Law section
Tax Law

Sponsors

Heard in committee

Sources