Bill Title: Authorizes franchise tax credit for providers of child care services in certain instances; gives employers 30% tax credit on investments to offer child care services or to purchase child care resource referral services; provides that the amount of credit shall be the lesser of $500 or the amounts of credits imposed by S601 of the tax law for the taxable year, reduced by the credits permitted under S620 (credit for income tax of another state) and S621 (credit to trust beneficiary receiving accumulation distribution), multiplied by a fraction (numerator is net income derived from business attributable to the provision of home day care services and the denominator is NYS adjusted gross income).

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Introduced - Dead) 2014-01-08 - referred to ways and means [A02513 Detail]

Text: Latest bill text (Introduced) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Assemblymember Barbara Clark [D]	Primary	Sponsored Bills	HD-033	FollowTheMoney	Ballotpedia	VoteSmart
Assemblymember Rhoda Jacobs [D]	Cosponsor	Sponsored Bills	HD-042	FollowTheMoney	Ballotpedia	VoteSmart
Assemblymember James Brennan [D]	Primary	Sponsored Bills	SD-036	FollowTheMoney	Ballotpedia	VoteSmart
Assemblymember Sandra Galef [D]	Primary	Sponsored Bills	HD-095	FollowTheMoney	Ballotpedia	VoteSmart

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