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S05959Introduced in the Senate

Creates deduction from franchise tax and personal income tax for costs of acquiring or improving child care facility operated for profit; creates deduction from corporation tax, franchise tax, personal income tax and tax on banks for costs of acquiring or improving a child care facility operated primarily for children of taxpayer's employees.

IntroducedSenate Budget and Revenue

Introduced by Kevin Parker, District 21

What does this bill do?

Plain-English breakdown

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Official description

Creates deduction from franchise tax and personal income tax for costs of acquiring or improving child care facility operated for profit; creates deduction from corporation tax, franchise tax, personal income tax and tax on banks for costs of acquiring or improving a child care facility operated primarily for children of taxpayer's employees.

Where it stands

REFERRED TO BUDGET AND REVENUE

January 7, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

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Bill history

  1. REFERRED TO BUDGET AND REVENUE

  2. REFERRED TO BUDGET AND REVENUE

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