To provide a payroll tax credit for certain employee dependent care expenses paid by employers.
Supporting American Families, Employers, Kids and Jobs Act or the SAFE Kids and Jobs Act
This bill allows an employer a payroll tax credit for 30% of qualified employee dependent care expenses (i.e., dependent care assistance) paid by the employer in a calendar quarter. The amount of qualified expenses eligible for the credit is limited to $2,500 per employee in any calendar quarter.
Received in the Senate and Read twice and referred to the Committee on Appropriations.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Select Revenue Measures.
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