SF1634

Establishes a property tax refund program for child care providers renting facilities.

Creates a property tax refund program for child care providers who rent facilities. Eligible child care facilities can claim a refund equal to ten percent of gross rent paid in 2024 and thereafter. The refund is limited to payments made in cash or cash equivalent. To claim the refund, facilities must apply to the commissioner in the calendar year following the year in which they paid rent. The commissioner must pay refunds from the general fund. The owner of eligible child care property must furnish a certificate of rent paid to the facility by December 31.