§ 44-47-1. Tax credit. (a) A taxpayer that pays for or provides adult or child day care services to its employees or to the employees of its commercial tenants, or that provides real property or dedicates rental space for child day care services, is allowed a credit, to be computed as provided in this chapter, […]
§ 44-47-2. “Amount expended” defined. As used in this chapter, the term “amount expended” means the actual sums of money spent, or the cost or other basis for federal tax purposes of real or tangible personal property donated or dedicated to the establishment of a child day care center. History of Section.P.L. 1987, ch. 477, […]
§ 44-47-3. Limitation on credit — Carry over. (a) A taxpayer shall be allowed a credit as provided in § 44-47-1(a)(2), (3) or (4) up to a maximum total credit of thirty thousand dollars ($30,000). The credit shall not reduce the tax due for that year to less than one hundred dollars ($100). If the […]
§ 44-47-4. Administration. The tax administrator shall make available suitable forms with instructions for claiming the credit. The tax administrator may prescribe rules and regulations as may be necessary to carry into effect the provisions of this chapter. History of Section.P.L. 1987, ch. 477, § 1.
