Child Care
Increase Tax Incentives
Tax Incentives for Families
Child and Dependent Care Tax Credit: Increase the state allowance of qualified expenses by 15% (A.2314, Ra).
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Earned Income Tax Credit: Increase state credit amount from 30% to 45% (A.2498, Ra).​​
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Empire State Child Credit: Increase state tax credit amount to 45% of Federal Child Tax Credit amount (A.2492, Ra).
Tax Incentives for Providers
Child Care Creation & Expansion Tax Credit: Double existing state credit amount from $25 million per year to $50 million per year (A.2393, Ra).
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Child Care Facility Capital Improvement Tax Credit: Create a new state credit to help child care providers enhance and update facilities (A.2392, Ra)..
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Provider Tax Exemption: Allowing local governments across New York State to offer an exemption from Real Property Taxes on licensed child daycare centers (A.2002, Slater).