Relates to the child and dependent care credit

2025 Regular Session Introduced by Gabriella Romero

A 6774 would expand or establish the state child and dependent care credit to help working families offset care costs.

REFERRED TO WAYS AND MEANS

Summary: Bill A 6774 – Relates to the child and dependent care credit

Basic information

Bill number: A 6774

Title: Relates to the child and dependent care credit

Sponsor: Gabriella Romero (primary)

Introduced: March 14, 2025

Status: Referred to Ways and Means (fiscal committee)

Version content / legislative actions: On 2025-03-14, the bill was referred to Ways and Means (listed twice in the actions).

Related bills (prior-session): A 8334, A 2966, A 2554, A 3897

Purpose and intent

The bill’s title indicates a focus on the state child and dependent care credit. While the exact text is not provided in the available version content, the intended purpose is typically to modify, expand, or establish a state-level tax credit designed to offset costs of care for children or dependents, thereby supporting working families with childcare or dependent-care expenses. The referral to Ways and Means signals an upcoming fiscal analysis to assess the bill’s budgetary impact.

Key provisions (how this is usually structured)

Note: The specific provisions of A 6774 are not included in the provided materials. If enacted, such a bill might address:
- Eligibility: who can claim the credit (e.g., income limits, filing status, dependents’ age ranges).
- Credit calculation: the percentage of qualifying expenses, potential caps, and whether the credit is refundable or nonrefundable.
- Qualifying expenses: types of care expenses covered (e.g., licensed daycare, afterschool programs, nanny services, summer camps).
- Dependency definitions: who is considered a qualifying dependent or eligible for care.
- Interaction with federal credit: alignment or differences relative to the federal Child and Dependent Care Credit.
- Inflation indexing and phaseouts: annual adjustments and income thresholds.
- Administrative details: required documentation, claim processes, and oversight mechanisms.

Because the text is not provided, readers should refer to the bill’s full language for precise provisions.

Affected parties

Taxpayers with qualifying child or dependent care expenses who would be eligible to claim the credit.

Care providers (e.g., licensed daycare centers, in-home caregivers) who might interact with the program through documentation requirements.

State Department of Revenue/Taxation and related agencies responsible for administering credits and collecting data for fiscal analysis.

Families with dependent-care costs seeking relief from child- or dependent-care expenses.

Procedural and timeline considerations

The bill is at an early stage and has been assigned to the Ways and Means committee, indicating a fiscal review is anticipated.

Next steps typically include committee hearings, potential amendments, and floor consideration in the chamber. A final vote would determine whether it advances to the other house (if applicable) and, eventually, to the governor for signature.

The presence of related bills from prior sessions suggests ongoing interest in reforming the state’s child and dependent care credit and may inform amendments or companion measures.

How to monitor

Review the full text of A 6774 on the official New York State Legislature website for precise provisions.

Track committee schedules for Ways and Means and any fiscal impact statements.

Monitor related bills (A 8334, A 2966, A 2554, A 3897) for context and potential converging or diverging provisions.