SB646

West Virginia SB646 modifies the employer-provided or sponsored child care tax credit program by expanding eligibility, extending carry-forward.

West Virginia SB646 amends the state's employer-provided or sponsored child care tax credit program. It expands eligibility by including licensed third-party providers receiving financial contributions from employers, regardless of location or employee usage ratios. The bill eliminates the requirement that centers primarily serve the children of a sponsoring employer’s workforce and extends the carry-forward period for unused tax credits to 20 years. It also clarifies that employer-sponsored child care may be located anywhere within the state.