Credits against tax - employer expenses - public assistance recipients - repeal
(1) With respect to taxable years commencing on or after January 1, 1998, and prior to January 1, 2025, there shall be allowed to an employer of any person receiving public assistance pursuant to the Colorado works program set forth in part 7 of article 2 of title 26, a credit, for not more than two years, against the tax imposed by this article in the amount of twenty percent of the employer's annual investment in any one or more of the following services that are incidental to the employer's business:
(a)The provision of child care services or the payment of…∀ 1#
(a) The provision of child care services or the payment of the costs associated with child care services for children of employees receiving public assistance;
(b)The provision of health or dental insurance for…∀ 1#
(b) The provision of health or dental insurance for employees receiving public assistance, which health or dental insurance coverage, if less than the coverage provided through medicaid, shall be supplemented by medicaid to provide full medicaid benefits to the employee;