New Jersey S2231 provides temporary tax credits for businesses that incur certain child care expenditures.
New Jersey S2231 provides businesses with credits against the corporation business tax and the gross income tax for certain employer-provided child care expenditures. The bill allows the tax credits for the three calendar years beginning after enactment. The bill permits businesses to apply a credit for the construction of a child care center and for the provision of certain child care services.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.