New York S 3471: Establishes business franchise, personal income and insurance franchise tax credits for the expenses of employer provided or sponsored child care

Bill Text

Bill Search and Legislative Information | New York State Assembly 

• 

• 

• 

• 

• 

• 

• 

• 

 Skip to main content 

 New York State Assembly

 Speaker Carl E. Heastie

 --> 
 --> 

 --> 

• 
 Assembly Members 

• 
 Legislative Info 

• 
 Public Hearings 

• 
 Speaker's Press 

• 
 Assembly Reports 

• 
 Committees & More 

• Bill Search Home
• Laws
• Legislative Calendar
• Public Hearing Schedule
• Assembly Calendars
• Assembly Committee Agenda 

 Javascript must be enabled to properly view this page. 

 Bill No.: 

• Summary 
• Actions 
• Committee&nbspVotes 
• Floor&nbspVotes 
• Memo 
• Text 
• LFIN 
• Chamber&nbspVideo/Transcript 
S03471 Summary:

BILL NOS03471 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORHELMING

&nbsp

COSPNSRASHBY, BORRELLO, CANZONERI-FITZPATRICK, GRIFFO, RHOADS, STEC, TEDISCO, WEBER

&nbsp

MLTSPNSR

&nbsp

Add §50, amd §§210-B, 606 & 1511, Tax L

&nbsp

Establishes business franchise, personal income and insurance franchise tax credits for the expenses of employer provided or sponsored child care.

Go to top S03471 Actions:

BILL NOS03471 

&nbsp

01/27/2025REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

01/07/2026REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

Go to topS03471 Committee&nbspVotes:

Go to topS03471 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS03471 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 3471

 2025-2026 Regular Sessions

 IN SENATE

 January 27, 2025
 ___________

 Introduced by Sens. HELMING, ASHBY, BORRELLO, CANZONERI-FITZPATRICK,
 GRIFFO, STEC, TEDISCO, WEBER -- read twice and ordered printed, and
 when printed to be committed to the Committee on Investigations and
 Government Operations

 AN ACT to amend the tax law, in relation to establishing business fran-
 chise, personal income and insurance franchise tax credits for employ-
 er provided or sponsored child care

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. The tax law is amended by adding a new section 50 to read
 2 as follows:
 3 § 50. Employer provided or sponsored child care. (a) Definitions. For
 4 the purposes of this section, the following terms shall have the follow-
 5 ing meanings:
 6 (1) "Cost of operation" means any reasonable direct operational costs
 7 incurred by an employer as a result of providing employer provided or
 8 employer sponsored child care facilities; provided, however, that such
 9 term shall exclude the cost of any property that is qualified child care
 10 property.
 11 (2) "Employer" means a taxpayer who is an employer upon whom taxes are
 12 imposed pursuant to article nine-A, twenty-two or thirty-three of this
 13 chapter.
 14 (3) "Employer provided" means child care offered on the premises of an
 15 employer.
 16 (4) "Employer sponsored" means a contractual arrangement with a child
 17 care facility that is paid for by an employer.
 18 (5) "Premises of the employer" means a workplace premises of an
 19 employer, within the state, providing the child care, or by one employer
 20 providing the child care in the event that the child care property is
 21 owned jointly or severally by such employer and one or more employers;
 22 provided, however, that if such workplace premises are impracticable or

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD07357-01-5

 S. 3471 2

 1 otherwise unsuitable for the on-site location of a child care facility,
 2 as determined by the office of children and family services, or in
 3 cities of one million or more, the city department of health and mental
 4 hygiene, such facility may be located within a reasonable distance of
 5 the premises of the employer.
 6 (6) "Qualified child care property" includes, but is not limited to,
 7 amounts expended on land acquisition, improvements, buildings, and
 8 building improvements and furniture, fixtures, and equipment, and means
 9 all real property and tangible personal property purchased or acquired
 10 on or after January first, two thousand twenty-five, or which property
 11 is first placed in service on or after January first, two thousand twen-
 12 ty-five, for use exclusively in the construction, expansion, improvement
 13 or operation of an employer provided child care facility, but only if:
 14 (A) the facility is licensed or commissioned by the office of children
 15 and family services pursuant to section three hundred ninety of the
 16 social services law, or in cities of one million or more, the city
 17 department of health and mental hygiene pursuant to article forty-seven
 18 of the health code of the city of New York.
 19 (B) at least ninety-five percent of the children who use the facility
 20 are children of employees of:
 21 (i) the employer and other employers in the event that the child care
 22 property is owne