H.B. 2215 Summary

• Establishes an income tax credit equal to 25% of qualified costs for employers who create on-site early childhood facilities, applicable to taxable years beginning after December 31, 2022.

• Requires facilities to be licensed and approved by the Department of Human Services and accredited by a recognized national early childhood accrediting agency within two years of operation.

• Caps individual taxpayer credits at an unspecified amount and total statewide credits at an unspecified amount per fiscal year, with priority given to certified facilities on a first-come, first-served basis.

• Requires tax credit recapture if the facility fails to operate for a minimum of ten years, unless the Department of Human Services certifies reasonable cause for closure.

• Establishes a full-time coordinator position in the Executive Office on Early Learning and appropriates funding (amount unspecified) for fiscal year 2022-2023 to provide technical assistance to on-site early childhood facilities.