MA H3086

Establishes a Workplace Child Care program tax credit equal to 25% of qualified childcare expenditures, with a maximum credit of $500,000 per business corporation per taxable year

Qualified expenditures include costs to acquire, construct, rehabilitate, or expand child care facilities, operating costs including staff training and compensation, and contracts with qualified child care centers

Child care centers must be licensed by the Department of Early Education and Care, open to all employees, and cannot discriminate in favor of highly compensated employees

Department of Early Education and Care will establish affordability criteria based on standard daily child care rates, including restrictions on what employers may charge employees based on salary

Unused credits may be carried forward and applied against tax liability for up to 5 succeeding taxable years