An Act establishing a child care tax credit in the Commonwealth
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill proposes to create a child care tax credit for residents of Massachusetts. The credit is intended to help families with the costs associated with childcare, making it more affordable. The specifics of the credit amount and eligibility requirements are still being determined through committee hearings. This legislation aims to alleviate financial burdens for families who rely on childcare services.
Key provisions
- Establishes a child care tax credit for Massachusetts residents.
- The credit amount is currently unspecified and will be determined through the legislative process.
- Eligibility requirements for the credit are yet to be defined.
- The bill is being reviewed by the Joint Committee on Revenue.
Who is affected
- Families with young children
- Childcare providers
- Massachusetts residents
Notable changes
- Currently, there are no specific changes to existing tax laws outlined in the bill.
- The credit is a new addition to the state's tax system.
Bill text
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Sponsors
Official sponsors from legislative records.
3 on record
Primary sponsor
Cosponsors
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