KS HB2689

Establishes the Kansas Tri-Share Child Care Matching Program, which splits child care costs equally into thirds among participating employers, employees, and the state for pre-kindergarten children in households with income at or below 325% of the federal poverty level.

Creates a Kansas income tax credit for participating employers beginning in tax year 2026, equal to 50% of their verified child care payments, capped at $100,000 per employer per year and $10,000,000 in total credits per year, with unused credits refunded to the employer.

Places the program within the Kansas Office of Early Childhood, administered by the director of early childhood, who may delegate administration to a qualified statewide or regional organization receiving up to 10% of program funds for administrative costs.

Requires participating child care providers to be state-licensed and to issue payment verifications within 30 days, and gives priority to parents demonstrating the greatest need for child care services, with employers prioritized by application order.

Mandates annual legislative reports beginning in the 2028 session on program participation, costs, and outcomes, and requires a comprehensive program evaluation report to the governor and legislature by December 31, 2029.