Bipartisan child care bills

House File 712 passed the House this week with bipartisan support and provides for a child care incentive for developers (to construct more child care centers). The bill creates a workforce child care facility tax credit for the developer of a new or rehabilitated child care facility. This includes both income tax credits and sales and use tax refunds. The tax credit is not refundable but is transferable. The program cap is $3.0 million annually.