WA HB2187

Establishes a 50% tax credit against B&O and public utility taxes for employer payments to registered child care providers for employees' dependents, effective January 1, 2027

Limits credit eligibility during 2027-2028 to employers with fewer than 100 full-time equivalent employees or those participating in child care consortiums; opens to all employers starting January 1, 2029

Caps individual credits at $50,000 per employer per calendar year, with a statewide annual limit of $5,000,000 distributed on a first-in-time basis

Defines child care consortiums as two or more employers pooling resources, or partnerships led by chambers of commerce, downtown associations, or economic development councils

Program expires January 1, 2033, with credits no longer claimable after January 1, 2032; legislature intends to extend if child care slots supported by claiming employers increase year-over-year