Indiana HB1177 amends tax provisions to expand employer child care expenditure income tax credit eligibility and modify recapture rules for child.

Indiana HB1177 increases the maximum number of individuals an entity may employ to qualify for the employer child care expenditure income tax credit. It defines "Indiana qualified child care facility" and outlines costs that qualify for the credit. The bill also modifies recapture rules for child care facilities, specifying conditions that trigger recapture and the amounts owed. Effective dates range from January 1, 2026, to July 1, 2027.

Indiana HB1177 amends tax provisions to expand employer child care expenditure income tax credit eligibility and modify recapture rules for child.

Indiana HB1177 increases the maximum number of individuals an entity may employ to qualify for the employer child care expenditure income tax credit. It defines "Indiana qualified child care facility" and outlines costs that qualify for the credit. The bill also modifies recapture rules for child care facilities, specifying conditions that trigger recapture and the amounts owed. Effective dates range from January 1, 2026, to July 1, 2027.