New York S00170 provides employers with a tax credit of up to 20% of expenses for providing day care services to employees' children and wards.

New York S00170 amends the tax law to offer employers a tax credit of up to 20% of expenses incurred in providing day care services to the children and wards of their employees. This credit also applies to training expenses for persons employed by the taxpayer or a third-party provider. To qualify, the day care facility or program must be licensed. Employers may offer these services through contracts with third-party providers, by reimbursing employees for their expenses, or by providing on-site or near-site day care services.

New York S00170 provides employers with a tax credit of up to 20% of expenses for providing day care services to employees' children and wards.

New York S00170 amends the tax law to offer employers a tax credit of up to 20% of expenses incurred in providing day care services to the children and wards of their employees. This credit also applies to training expenses for persons employed by the taxpayer or a third-party provider. To qualify, the day care facility or program must be licensed. Employers may offer these services through contracts with third-party providers, by reimbursing employees for their expenses, or by providing on-site or near-site day care services.