SB 6038 - Child care tax preference ¶

Section 1 ¶

This section is the tax preference performance statement for the tax preference contained in section 2, chapter . . ., Laws of 2024 (section 2 of this act). This performance statement is only intended to be used for subsequent evaluation of the tax preferences. It is not intended to create a private right of action by any party or to be used to determine eligibility for preferential tax treatment.
The legislature categorizes this tax preference as one intended to provide tax relief for certain businesses or individuals as indicated in RCW 82.32.808(2)(e).
It is the legislature's specific public policy objective to reduce the costs associated with providing child care by expanding the business and occupation tax exemption for child care services to include income derived from the care and education of children up to age 12.
If a review finds a reduction in the cost of providing child care and education, then the legislature intends to extend the expiration date of this tax preference.
In order to obtain the data necessary to perform the review in subsection (4) of this section, the joint legislative audit and review committee may refer to any data collected by the state.

This chapter does not apply to amounts received by a nursery school, preschool, or child care provider for the care or supervision of children under 13 years of age.
This section expires July 1, 2034.

The secretary may not charge fees to the licensee for obtaining a child care license.

This act takes effect July 1, 2024.

Created by @tannewt. Contribute on GitHub.