Relating to a franchise tax credit for taxable entities that make certain employer child-care contributions.

HB 3011 would create a tax credit for Texas businesses that pay for employees' licensed child care. Businesses could claim a credit equal to their child-care contributions, capped at $3,600 per child per year. The total credit pool is limited to $25 million annually, with unused credits allowed to carry forward for up to five years. This applies only to actual child-care payments (not wages) made to licensed facilities under Texas law.