SB 654 · 2026 · Senate · Ways and Means Committee
Tax credits for child care and health coverage
AI-generatedcreating tax credits for businesses that have on-site child care services and for businesses that provide health care coverage for certain employees.
Creates business profits tax credits for businesses providing on-site child care or health care coverage for employees and appropriates funds to upgrade the revenue information management system.AI-generated
Status
Died on the table in the Senate · March 5, 2026- ✓Introduced
- ✕Senate
- House
- Governor
- Law
Analysis
This bill creates tax credits against the business profits tax for businesses that have on-site child care services and for businesses that provide health care coverage for certain employees. This bill also makes an appropriation to the department of revenue administration for improvements and system upgrades to the revenue information management system.
From the bill's official ANALYSIS section.
In the bill's words
Quoted verbatim from the bill as amended by the Senate. Passages chosen from the operative text.Computed by this site
“There shall be allowed an on-site child care services tax credit for eligible businesses, according to the following:”
“There is hereby appropriated to the department of revenue administration the sum of $40,000 for the fiscal year ending June 30, 2028, for the purpose of making internal improvements and system upgrades to the department's revenue information management system.”
“Section 1 of this act shall apply to taxable periods beginning on or after December 31, 2027.”
“The credit shall be equal to 20 percent of qualifying expenditures, as defined in 26 U.S.C. section 45F, tied to operating or contracting for on-site or nearby child care services for employees, up to $100,000 per fiscal year.”
Official record
gc.nh.gov · the authoritative source
Sponsors
- Sen. Timothy LangRChair· Ways and Means
- Sen. Denise RicciardiRDeputy Majority Leader
- Rep. Kimberly RiceRVice Chair· Children and Family Law
- Rep. Jeanine NotterRAssistant Majority Leader
- Rep. Katelyn KuttabRClerk· Judiciary
Public testimony
No one submitted online testimony on this bill. See the record
Votes
yeanay- Overall60% yea
- Resulting text: Bill as amended by the Senate
- Mar 5, 2026SenateVoice voteSen. Lang Moved Laid on Tableadopted
Hearings and debates
- Feb 4, 2026Public hearingSenate Ways and Means1:17:06–1:18:321m 26slocated in the stream transcriptHearing
- Mar 5, 2026Floor debateSenate floor1:09:38–1:15:225m 44slocated in the stream transcriptCommittee Report: Ought to Pass with Amendment # 2026-0829s; Ought to Pass with Amendment #2026-0829s — adopted, voice vote; Committee Amendment # 2026-0829s — adopted, voice vote
Timestamps locate where this bill is taken up in the chamber's YouTube stream.
Legislative history
- Jan 7, 2026SenIntroduced 01/07/2026 and Referred to Ways and Means; SJ 2
- Feb 4, 2026SenHearing: 02/04/2026, Room 122-123, SH, 10:00 am; SC 4
- Mar 5, 2026SenCommittee Report: Ought to Pass with Amendment # 2026-0829s, 03/05/2026, Vote 3-2; SC 8
- Mar 5, 2026SenCommittee Amendment # 2026-0829s, AA, VV; 03/05/2026; SJ 5
- Mar 5, 2026SenOught to Pass with Amendment #2026-0829s, MA, VV; 03/05/2026; SJ 5
- Mar 5, 2026SenSen. Lang Moved Laid on Table, MA, VV; 03/05/2026; SJ 5
- Mar 5, 2026SenPending Motion Refer to Finance Rule 4-5; 03/05/2026; SJ 5
Coverage
No reporting linked yet.
Documents (PDF)
Bill text & amendments link direct to gc.nh.gov; committee reports stream from the state record.