Pennsylvania HB2748 amends the employer child care contribution tax credit, adjusting definitions and credit amounts.

Pennsylvania HB2748 modifies the employer child care contribution tax credit by changing the definition of "aggregate contribution" and the tax credit percentages. For taxable years ending before January 1, 2026, the tax credit is 30% of the aggregate contribution made to employees, with only the first $500 in contributions per employee counting. For taxable years beginning after December 31, 2025, the tax credit increases to 100% of the aggregate contribution, with only the first $10,000 in contributions per employee counting.

Pennsylvania HB2748 amends the employer child care contribution tax credit, adjusting definitions and credit amounts.

Pennsylvania HB2748 modifies the employer child care contribution tax credit by changing the definition of "aggregate contribution" and the tax credit percentages. For taxable years ending before January 1, 2026, the tax credit is 30% of the aggregate contribution made to employees, with only the first $500 in contributions per employee counting. For taxable years beginning after December 31, 2025, the tax credit increases to 100% of the aggregate contribution, with only the first $10,000 in contributions per employee counting.