HB2078

Kansas HB2078 provides an income tax credit for contributions to child care providers or intermediaries.

Kansas HB2078 introduces the child care contribution tax credit act, allowing a credit against tax liability for contributions to child care providers or intermediaries. The credit applies to contributions used for child care facilities, equipment, staff salaries, training, or quality improvement. Contributions must be made to providers or intermediaries without a financial interest from the taxpayer or related persons. The credit is equal to 75% of verified contributions, up to $200,000 per taxpayer per year, with a total cap of $20,000,000 per year.