Establishes a tax credit program to aid New York child care providers in enhancing, expanding, and improving access to quality child care.

The bill creates a child care program capital improvement tax credit program to provide financial assistance to New York's child care providers. This program aims to facilitate the enhancement, expansion, and improvement of access to quality child care. Eligible child care programs can claim a tax credit equal to 50% of their qualified capital costs, up to a maximum of $50,000 per program. The total amount of tax credits issued cannot exceed $250 million.

Establishes a tax credit program to aid New York child care providers in enhancing, expanding, and improving access to quality child care.

The bill creates a child care program capital improvement tax credit program to provide financial assistance to New York's child care providers. This program aims to facilitate the enhancement, expansion, and improvement of access to quality child care. Eligible child care programs can claim a tax credit equal to 50% of their qualified capital costs, up to a maximum of $50,000 per program. The total amount of tax credits issued cannot exceed $250 million.