HB1433: creating a child care tax credit for qualifying businesses.

Related law links

RSA references from bill data

• 162-V · amend · effective 2026-07-01

  x Credit. Amend RSA 77-A:5 by inserting after paragraph XVII the following new paragraph: XVIII. There shall be allowed a child day care creation tax credit, in accordance with RSA 162-V, against the tax due under this chapter, for any unused portion of credit that has not been applied to the taxes due under RSA 77-E. 4 New Section; Taxation; Business Enterprise Tax; Child Day Care Tax Credit. Amend

• 170-E:2 · reference · effective 2026-07-01

  Child Day Care Creation Tax Credit Program." 162-V:2 Definitions. In this chapter: I. “Child care program” shall have the same meaning as group child day care center under RSA 170-E:2, IV(c). II. "Creates child care" means making available child care seats in a New Hampshire-licensed child care program by a business entity, either directly or through a third-party, where such child care program w

• 541-A · add · effective 2026-07-01

  e a joint application with the department of revenue administration in doing so. V. The commissioner of the department of revenue administration shall adopt rules, pursuant to RSA 541-A, relative to administration of the child care creation tax credit established under this section. Such rules shall include regulations or procedures regarding: (a) The application procedure for how a business may a

• 77-A · reference · effective 2026-07-01

  f new programs or services. II. A business may claim a credit equal to 50 percent of its total claimed expenditures in (a) and (b) against its business profits taxes due under RSA 77-A, against its business enterprise taxes due under RSA 77-E, or apportioned against each, provided the total credits granted shall not exceed 50 percent of the businesses' total claimed expenditures under paragraph I(a)

• 77-A:5 · amend · effective 2026-07-01

  actory child care creation tax credit application to the department of revenue administration. 3 New Paragraph; Taxation; Business Profits Tax; Child Day Care Tax Credit. Amend RSA 77-A:5 by inserting after paragraph XVII the following new paragraph: XVIII. There shall be allowed a child day care creation tax credit, in accordance with RSA 162-V, against the tax due under this chapter, for any unused p

• 77-E · reference · effective 2026-07-01

  credit equal to 50 percent of its total claimed expenditures in (a) and (b) against its business profits taxes due under RSA 77-A, against its business enterprise taxes due under RSA 77-E, or apportioned against each, provided the total credits granted shall not exceed 50 percent of the businesses' total claimed expenditures under paragraph I(a) and I(b). The credit applied to the business enterprise t

RSAs mentioned by this document

• RSA 77-A · BUSINESS PROFITS TAX
• RSA 77-E · BUSINESS ENTERPRISE TAX
• RSA 170-E · CHILD DAY CARE, RESIDENTIAL CARE, AND CHILD-PLACING AGENCIES
• RSA 541-A · ADMINISTRATIVE PROCEDURE ACT
• RSA 170-E:2 · Definitions
• RSA 77-A:5 · Credits