A bill to amend the Internal Revenue Code of 1986 to provide an income tax credit for eligible child care services.

Summary

Amends the Internal Revenue Code to provide an income tax credit for eligible child care providers of four percent of up to $20,000 of gross income derived from providing child care services. Allows a six percent credit for a specially trained provider. Provides an inflation adjustment of the $20,000 amount for years after 1991.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 3 August 1990

   Introduced

   Introduced in Senate

   Source: IntroReferral

2. 3 August 1990

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · undated · Official file

Documents

2 official files

• Introduced in Senate (text)

  Introduced in Senate · EN

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 3 August 1990

  Open at official source

Sponsors

• Sen. Boschwitz, Rudy [R-MN] · R · Sponsor
• · ssfi00 · Standing

Related records

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