HR 1254 · 100th Congress · Taxation
A bill to amend the Internal Revenue Code of 1986 to allow a credit against income tax for employers which provide onsite day care services for dependents of their employees.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1987-02-25)
Plain Language Summary
[AI summary unavailable — showing source text]
Amends the Internal Revenue Code to allow an income tax credit to employers for the expenses of establishing an on-site dependent care facility. Sets the amount of such credit at 35 percent of the aggregate net qualified dependent care expenses.…
Summarized by Claude AI · Non-partisan · For informational purposes only