Property Tax - Child Care Centers, Family Child Care Homes, and Large
Family Child Care Homes
For the purpose of creating real property tax credits for child care providers who own
the property where they operate a state-licensed or registered child care center,
family child care home, or large family child care home; allowing businesses of a
certain size that own their property and have on-site child care facilities to participate
in the tax credit program; setting the real property tax credit at a maximum of
$10,000; and generally related to tax credits for child care providers.
Schandelmeier, O'Neill and Smith-Brown
Sponsors:
Acting City Manager Buckland, Assistant City Attorney Leonard and Legislative &
Policy Analyst Reuter were present to answer questions from the committee.
Amendment #2 (RCG) - On page 4, in line 12, insert a new subsection E as
follows:
“E. Reporting Requirement.
The City Manager will report annually to the City Council the number of child
care
facilities requesting and receiving this tax credit, the amount approved, an
assessment of
the effectiveness of the program, and recommendations for improvements to the
program,
if any, by February 28th of the year following the calendar year of the program.”
Alderman Schandelmeier moved to recommend Amendment #2 favorably.
Seconded. CARRIED on voice vote.
Amendment #3 (RCG) - 1) On page 1, in lines 5 and 24, after “large family child
care home;” insert “extending tax credits to property owners who lease their
property to a state-licensed or registered child care operator;”.
2) On page 2, in lines 11 through 14, strike “property owners who operate a
state-licensed child care center, a state-registered family child care home, or a
state-registered large family child care home in accordance with Education
Article, Title 9.5 of the Annotated Code of Maryland” and after “this section”
insert “real property used for a state-licensed child care center, a state-registered
family child care home, or a state-registered large family child care home in
accordance with Education Article, Title 9.5 of the Annotated Code of Maryland,
whether the child care facility is operated by the property owner or by a tenant
pursuant to a lease with the property owner,”
3) On page 2, strike lines 24 and 27 and insert the following:
“i. Provide a real property tax credit to property owners who operate a child care
