|HB 2396-S - DIGEST|
|(SUBSTITUTED FOR - SEE 2ND SUB)|
Creates the child care workforce conditional scholarship and loan repayment program for: (1) Awarding conditional scholarships to eligible students attending an institution of higher education who meet certain requirements; and
(2) Loan repayments for participants providing early learning services who meet certain requirements.
Requires the department of children, youth, and families to: (1) Consult with the department of commerce to develop a web site containing current resources for businesses regarding employer-supported child care; and
(2) Consult with the office of financial management to modify the bring your infant to work policy for use in state agencies.
Provides a business and occupation tax credit and a public utility tax credit for: (1) Qualifying contributions made to dependent care flexible spending accounts for employees;
(2) Amounts paid to a third-party administrator for the purpose of administering employee dependent care flexible spending accounts; and
(3) Contributions made to the child care workforce conditional scholarship and loan repayment account.
Creates the child care workforce conditional scholarship and loan repayment account.