STATE OF NEW YORK
________________________________________________________________________
9265
IN ASSEMBLY
February 10, 2016
___________
Introduced by M. of A. LINARES -- read once and referred to the Commit-
tee on Ways and Means
AN ACT to amend the tax law, in relation to a child care tax credit
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 606 of the tax law is amended by adding a new
2 subsection (ccc) to read as follows:
3 (ccc) Child care credit. (1) Allowance of credit. A resident taxpayer
4 shall be allowed a credit against the taxes imposed by this article for
5 certain child care expenses.
6 (2) Child care. Child care means care provided to a qualifying child
7 of the taxpayer for the purposes of allowing the taxpayer to be gainful-
8 ly employed or to seek employment except that the term does not include
9 care provided by:
10 (A) the child's parent or guardian, unless the care is provided by the
11 parent in a certified or registered child care facility; or
12 (B) a child of the taxpayer who is not yet nineteen years of age at
13 the close of the tax year.
14 (3) Child care expenses. Child care expenses means the costs associ-
15 ated with providing child care to a qualifying child of a resident
16 taxpayer.
17 (4) Qualifying child. Qualifying child means a child of the taxpayer
18 who is under five years of age.
19 (5) Amount of credit. A resident taxpayer shall be allowed a credit
20 against the tax imposed by this article of thirty percent of the
21 expenses of child care.
22 § 2. This act shall take effect immediately and shall apply to taxable
23 years commencing on or after January 1, 2017.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD13900-01-6
