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Enrolled SB 96
LAWS OF ALASKA
2025
Source Chapter No.
SB 96 _______
AN ACT
Relating to education tax credits for certain payments and cont ributions for child care and
child care facilities; relating to the insurance tax education credit, the income tax education
credit, the oil or gas producer e ducation credit, the property tax education credit, the mining
business education credit, the fi sheries business education cre dit, and the fisheries resource
landing tax education credit; providing for an effective date b y amending the effective date of
secs. 1, 2, and 21, ch. 61, SLA 2014; and providing for an effective date.
_______________
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:
THE ACT FOLLOWS ON PAGE 1
-1- Enrolled SB 96
AN ACT
Relating to education tax credits for certain payments and cont ributions for child care and 1
child care facilities; relating to the insurance tax education credit, the income tax education 2
credit, the oil or gas producer e ducation credit, the property tax education credit, the mining 3
business education credit, the fi sheries business education cre dit, and the fisheries resource 4
landing tax education credit; providing for an effective date b y amending the effective date of 5
secs. 1, 2, and 21, ch. 61, SLA 2014; and providing for an effective date. 6
_______________ 7
* Section 1. AS 21.96.070(a) is amended by adding new paragraphs to read: 8
(11) expenditures made to operate a child care facility in the state for 9
the children of the taxpayer's employees; 10
(12) contributions of cash or equi pment accepted by a child ca re 11
facility in the state operated by a nonprofit corporation and a ttended by one or more 12
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children of the taxpayer's employees; and 1
(13) a payment to an employee of the taxpayer made by the taxp ayer 2
for the purpose of offsetting the employee's child care costs incurred in the state. 3
* Sec. 2. AS 21.96.070 is amended by adding a new subsection to read: 4
(i) Beginning January 1, 2030, and every five years thereafter , the Department 5
of Labor and Workforce Development shall adjust the dollar limi t on credits under (d) 6
of this section for inflation, using 100 percent of the change over the preceding five 7
calendar years in the Consumer Price Index for all urban consum ers for urban Alaska, 8
compiled by the Bureau of Labor Statistics, United States Department of Labor. 9
* Sec. 3. AS 43.20.014(a) is amended by adding new paragraphs to read: 10
(17) expenditures made to operate a child care facility in the state for 11
the children of the taxpayer's employees; 12
(18) contributions of cash or equi pment accepted by a child ca re 13
facility in the state operated by a nonprofit corporation and a ttended by one or more 14
children of the taxpayer's employees; and 15
(19) a payment to an employee of the taxpayer made by the taxp ayer 16
for the purpose of offsetting the employee's child care costs incurred in the state. 17
* Sec. 4. AS 43.20.014 is amended by adding a new subsection to read: 18
(i) Beginning January 1, 2030, and every five years thereafter , the Department 19
of Labor and Workforce Development shall adjust the dollar limi t on credits under (d) 20
of this section for inflation, using 100 percent of the change over the preceding five 21
calendar years in the Consumer Price Index for all urban consum ers for urban Alaska, 22
compiled by the Bureau of Labor Statistics, United States Department of Labor. 23
* Sec. 5. AS 43.55.019(a) is amended by adding new paragraphs to read: 24
(12) expenditures made to operate a child care facility in the state for 25
the children of the producer's employees; 26
(13) contributions of cash or equi pment accepted by a child ca re 27
facility in the state operated by a nonprofit corporation and a ttended by one or more 28
children of the producer's employees; and 29
(14) a payment to an employee of the producer made by the prod ucer 30
for the purpose of offsetting the employee's child care costs incurred in the state. 31
-3- Enrolled SB 96
* Sec. 6. AS 43.55.019 is amended by adding a new subsection to read: 1
(j) Beginning January 1, 2030, and every five years thereafter , the Department 2
of Labor and Workforce Development shall adjust the limit under (d) of this section 3
for inflation, using 100 percent of the change over the precedi ng five calendar years in 4
the Consumer Price Index for all urban consumers for urban Alas ka, compiled by the 5
Bureau of Labor Statistics, United States Department of Labor. 6
* Sec. 7. AS 43.56.018(a) is amended by adding new paragraphs to read: 7
(12) expenditures made to operate a child care facility in the state for 8
the children of the property owner's employees; 9
(13) contributions of cash or equi pment accepted by a child ca re 10
facility in the state operated by a nonprofit corporation and a ttended by one or more 11
children of the property owner's employees; and 12
( 1 4 ) a p a y m e n t t o a n e m p l o y e e o f the property owner made by th e 13
owner for the purpose of offsetting the employee's child care c osts incurred in the 14
state. 15
* Sec. 8. AS 43.56.018 is amended by adding a new subsection to read: 16
(i) Beginning January 1, 2030, and every five years thereafter , the department 17
shall adjust the dollar limit on credits under (d) of this sect ion for inflation, using 100 18
percent of the change over the preceding five calendar years in th e Co ns u me r Pr ic e 19
Index for all urban consumers fo r urban Alaska, compiled by the Bureau of Labor 20
Statistics, United States Department of Labor. 21
* Sec. 9. AS 43.65.018(a) is amended by adding new paragraphs to read: 22
(17) expenditures made to operate a child care facility in the state for 23
the children of the person's employees; 24
(18) contributions of cash or equi pment accepted by a child ca re 25
facility in the state operated by a nonprofit corporation and a ttended by one or more 26
children of the person's employees; and 27
(19) a pay ment to an employ ee of the person's business made by the 28
person for the purpose of offsetting the employee's child care costs incurred in the 29
state. 30
* Sec. 10. AS 43.65.018 is amended by adding a new subsection to read: 31
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(i) Beginning January 1, 2030, and every five years thereafter , the department 1
shall adjust the dollar limit on credits under (d) of this sect ion for inflation, using 100 2
percent of the change over the preceding five calendar years in th e Co ns u me r Pr ic e 3
Index for all urban consumers fo r urban Alaska, compiled by the Bureau of Labor 4
Statistics, United States Department of Labor. 5
* Sec. 11. AS 43.75.018(a) is amended by adding new paragraphs to read: 6
(17) expenditures made to operate a child care facility in the state for 7
the children of the person's employees; 8
(18) contributions of cash or equi pment accepted by a child ca re 9
facility in the state operated by a nonprofit corporation and a ttended by one or more 10
children of the person's employees; and 11
(19) a pay ment to an employ ee of the person's business made by the 12
person for the purpose of offsetting the employee's child care costs incurred in the 13
state. 14
* Sec. 12. AS 43.75.018 is amended by adding a new subsection to read: 15
(i) Beginning January 1, 2030, and every five years thereafter , the Department 16
of Labor and Workforce Development shall adjust the dollar limi t on credits under (d) 17
of this section for inflation, using 100 percent of the change over the preceding five 18
calendar years in the Consumer Price Index for all urban consum ers for urban Alaska, 19
compiled by the Bureau of Labor Statistics, United States Department of Labor. 20
* Sec. 13. AS 43.77.045(a) is amended by adding new paragraphs to read: 21
(17) expenditures made to operate a child care facility in the state for 22
the children of the person's employees; 23
(18) contributions of cash or equi pment accepted by a child ca re 24
facility in the state operated by a nonprofit corporation and a ttended by one or more 25
children of the person's employees; and 26
(19) a pay ment to an employ ee of the person's business made by the 27
person for the purpose of offsetting the employee's child care costs incurred in the 28
state. 29
* Sec. 14. AS 43.77.045 is amended by adding a new subsection to read: 30
(i) Beginning January 1, 2030, and every five years thereafter , the Department 31
-5- Enrolled SB 96
of Labor and Workforce Development shall adjust the dollar limi t on credits under (d) 1
of this section for inflation, using 100 percent of the change over the preceding five 2
calendar years in the Consumer Price Index for all urban consum ers for urban Alaska, 3
compiled by the Bureau of Labor Statistics, United States Department of Labor. 4
* Sec. 15. AS 21.96.070(a)(8), 21.96.070(a)(9), 21.96.070(a)(10), 21.96.07 0(g); 5
AS 43.20.014(a)(14), 43.20.014(a)(15), 43.20.014(a)(16), 43.20. 014(g); AS 43.55.019(a)(9), 6
43.55.019(a)(10), 43.55.019(a)(11), 43.55.019(h); AS 43.56.018( a)(9), 43.56.018(a)(10), 7
43.56.018(a)(11), 43.56.018(g); AS 43.65.018(a)(14), 43.65.018( a)(15), 43.65.018(a)(16), 8
43.65.018(g); AS 43.75.018(a)(14), 43.75.018(a)(15), 43.75.018( a)(16), 43.75.018(g); 9
AS 43.77.045(a)(14), 43.77.045(a)(15), 43.77.045(a)(16), and 43.77.045(g) are repealed. 10
* Sec. 16. The uncodified law of the State of Alaska is amended by adding a new section to 11
read: 12
RETROACTIVITY. This Act is retroactive to July 23, 2024. 13
* Sec. 17. Section 50, ch. 15, SLA 2024, is repealed. 14
* Sec. 18. Section 37, ch. 61, SLA 2014, as amended by sec. 40, ch. 101, S LA 2018, and 15
sec. 30, ch. 4, SLA 2024, is amended to read: 16
Sec. 37. Sections 1, 2, and 21, ch. 61, SLA 2014, take effect J anuary 1, 2028 17
[2029]. 18
* Sec. 19. This Act takes effect immediately under AS 01.10.070(c). 19