SB 1414 Summary

• Creates a tax credit for cash donations made to after-school child care programs operated by nonprofit organizations qualified under section 501(c)(3) of the Internal Revenue Code for taxable years beginning January 1, 2014 through December 31, 2018.

• Eligible programs must be licensed by the Department of Health Services and serve children where at least 50% are children of employees who reside in Arizona, receive temporary assistance for needy families (TANF), work full-time, and earn at least minimum wage.

• Requires that at least 50% of program funding be spent on children of employees who meet the TANF eligibility requirements specified in the bill.

• Amends Arizona Revised Statutes sections 43-1087 and 43-1175 to add the after-school child care program donation credit alongside existing employment credits for TANF recipients.

• Establishes that programs must submit required information and receive annual certification from the Department of Health Services to qualify for the credit.