MA H3197

Creates a $3,300 annual tax credit for family child care providers in Massachusetts, adjusted annually for inflation based on the consumer price index

Allows unused credit amounts to be carried forward and applied to tax liability for up to 3 subsequent tax years

Amends Chapter 62, Section 6 of the General Laws by adding a new subsection (y) to the state tax code

Defines eligible providers using existing definitions from Chapter 15D, Section 17 of the General Laws governing family child care services