New child care tax credit moves to Georgia House

(The Center Square) – A bill creating a new $250 tax credit for Georgia parents with children under the age of 7 moves to the House of Representatives after receiving Senate approval.

The state income tax credit for qualified child and dependent care expenses would increase from 30% to 40% if the bill passes the House and is signed by the governor.

Employers that sponsor or offer child care to employees would have their tax credit increase from 75% of the operation’s cost to 90%…

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