New York Assembly bill in Session 2025-2026.
Status: in_committee. Latest action: January 7, 2026.
Creates deductions for creation or improvements of child care facilities.
Creates deduction from franchise tax and personal income tax for costs of acquiring or improving a child care facility operated for profit; creates deduction from corporation tax, franchise tax, personal income tax and tax on banks for costs of acquiring or improving a child care facility operated primarily for children of taxpayer's employees.
| Date | Event | Detail |
|---|---|---|
| 2025-01-07 | Introduced | Bill introduced |
| 2026-01-07 | Status | in_committee |
| 2026-01-07 | Latest Action | In Assembly Committee |