2025-04-14                     House Journal                      Page 0718
HB 190                                                                                                                        
HOUSE BILL NO. 190 by the House Rules Committee by request of                                                                   
the Governor, entitled:                                                                                                         
                                                                                                                                
     "An Act relating to the insurance tax education credit; relating to                                                        
     the income tax education credit; relating to the oil or gas producer                                                       
     education credit; relating to the property tax education credit;                                                           
     relating to the mining business education credit; relating to the                                                          
     fisheries business education credit; relating to the fisheries                                                             
     resource landing tax education credit; renaming the day care                                                               
     assistance program the child care assistance program; relating to                                                          
     the child care assistance program and the child care grant                                                                 
     program; and providing for an effective date."                                                                             
                                                                                                                                
was read the first time and referred to the Education and Labor &                                                               
Commerce Committees.                                                                                                            
                                                                                                                                
The following fiscal note(s) apply:                                                                                             
                                                                                                                                
1. Indeterminate, Dept. of Revenue                                                                                              
                                                                                                                                
The Governor's transmittal letter dated April 11 follows:                                                                       
                                                                                                                                
                                                                                                                                

2025-04-14                     House Journal                      Page 0719
"Dear Speaker Edgmon:                                                                                                           
                                                                                                                                
Under the authority of Article III, Section 18 of the Alaska                                                                    
Constitution, I am transmitting a bill relating to education tax credits                                                        
for child care and the child care assistance program.                                                                           
                                                                                                                                
This bill would create a tax incentive for employers to support child                                                           
care expenses for their employees. It adds child care-related                                                                   
expenditures to the list of allowable education tax credits for certain                                                         
taxpaying entities. Eligible taxes include those on insurers, corporate                                                         
income, oil and gas production, oil and gas property, mining, and                                                               
fisheries. The bill also increases the maximum allowable education tax                                                          
credit from $3,000,000 to $10,000,000 per year.                                                                                 
                                                                                                                                
I urge your prompt and favorable action on this measure.                                                                        
                                                                                                                                
Sincerely,                                                                                                                      
/s/                                                                                                                             
Mike Dunleavy                                                                                                                   
Governor"