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.

Introduced 1987-02-25· Sponsored by Rep. Kasich, John R. [R-OH-12]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: 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