Utah HB0190 increases tax credits for employers providing child care services, defines terms, and removes the requirement to claim a credit for.

Utah HB0190 amends the state's tax code to increase the amount of nonrefundable tax credits available for employer-provided child care. The bill defines terms such as "qualified child care facility" and "qualified construction expenditure." It also repeals the requirement for an employer to have claimed the tax credit for construction expenditures to claim the tax credit for child care expenditures. Employers can now claim a tax credit equal to 30% of qualified child care expenditures for eligible small businesses and 10% for others.

Utah HB0190 increases tax credits for employers providing child care services, defines terms, and removes the requirement to claim a credit for.

Utah HB0190 amends the state's tax code to increase the amount of nonrefundable tax credits available for employer-provided child care. The bill defines terms such as "qualified child care facility" and "qualified construction expenditure." It also repeals the requirement for an employer to have claimed the tax credit for construction expenditures to claim the tax credit for child care expenditures. Employers can now claim a tax credit equal to 30% of qualified child care expenditures for eligible small businesses and 10% for others.