Form It-611 - Georgia Income Tax Forms And General Instructions - Georgia Department Of Revenue - 1999 Page 12
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12STATE OF GEORGIA
Bulk Rate
DEPARTMENT OF REVENUE
INCOME TAX DIVISION
Postage and Fees
TRINITY-WASHINGTON BUILDING
Paid
ATLANTA, GEORGIA 30334
Georgia Dept. Of Revenue
TO: _______________________________
_______________________________
_______________________________
_______________________________
_______________________________
CHILD CARE
Governor Roy Barnes sponsored House Bill 610 during the 1999 session of the Georgia General
Assembly. This bill, which was signed into law March 31, 1999 and is effective for tax years begin-
ning on or after January 1, 2000, greatly enhanced the existing child care statute and includes two
different kinds of corporate tax credits: one for employers who construct onsite child care facilities
and one for employers who provide or sponsor child care for their employees. The idea behind the
tax credits is to encourage employers to assist their employees in meeting their work and family
responsibilities. The bill passed overwhelmingly by the General Assembly.
The Governor’s initiatives consist of two components:
1.
Increasing the current tax credit from 50% to 75% for employers that provide on-site
child care or sponsor child care for their employees. The amount of the credit will be 75%
of the cost incurred by the employer less any amount paid by the employees.
Providing a new tax credit to businesses that construct on-site child care facilities for
2.
the children of their employees. The credit would allow for a 100% write off of the con-
struction cost over a 10-year period.
These initiatives recognize the realities of the modern workforce, especially how difficult, and how
important, it is for working parents to have access to quality child care. As an employer in Georgia,
please consider the benefits to you (decreased absenteeism, recruitment incentive, increased
employee retention) and to your employees. If you would like more information about the tax cred-
its please call the Corporate Tax Conferee’s Office at 404-656-4171.
FACTS AT A GLANCE
Working Parents in Georgia
Percentage of parents with children younger than 6 in the Labor force . . . . . . . . . . . . . . . . .64%
Percentage of parents with children between the ages of 6 and 17 in the labor force . . . . . .77%
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