Amendment AA2-AB369

2025 - 2026 LEGISLATURE

LRBa0990/1

KP:skw/cdc/cjs

ASSEMBLY AMENDMENT 2, TO ASSEMBLY BILL 369

February 3, 2026 - Offered by Joint Committee on Finance.

AB369-AA2,1,1 At the locations indicated, amend the bill as follows:

AB369-AA2,1,3 1. Page 2, line 15: after “Code” insert “in effect for federal purposes on the effective date of this subdivision .... [LRB inserts date]”.

AB369-AA2,1,4 2. Page 2, line 16: delete “2024,” and substitute “2025,”.

AB369-AA2,1,5 3. Page 3, line 9: after that line insert:

AB369-AA2,2,2 “3. Partnerships, limited liability companies, and tax-option corporations may not claim the credit under this subsection, but the eligibility for, and the amount of, the credit are based on the amounts of the federal employer-provided child care credit claimed under par. (b). A partnership, limited liability company, or tax- option corporation shall compute the amount of credit that each of its partners, members, or shareholders may claim and shall provide that information to each of them. Partners, members of limited liability companies, and shareholders of tax- option corporations may claim the credit in proportion to their ownership interests.”.

AB369-AA2,2,4 4. Page 4, line 10: after “Code” insert “in effect for federal purposes on the effective date of this subdivision .... [LRB inserts date]”.

AB369-AA2,2,5 5. Page 4, line 11: delete “2024,” and substitute “2025,”.

AB369-AA2,2,6 6. Page 4, line 24: after that line insert:

AB369-AA2,2,15 “3. Partnerships, limited liability companies, and tax-option corporations may not claim the credit under this subsection, but the eligibility for, and the amount of, the credit are based on the amounts of the federal employer-provided child care credit claimed under par. (b). A partnership, limited liability company, or tax- option corporation shall compute the amount of credit that each of its partners, members, or shareholders may claim and shall provide that information to each of them. Partners, members of limited liability companies, and shareholders of tax- option corporations may claim the credit in proportion to their ownership interests.”.

AB369-AA2,2,17 7. Page 6, line 2: after “Code” insert “in effect for federal purposes on the effective date of this subdivision .... [LRB inserts date]”.

AB369-AA2,2,18 8. Page 6, line 3: delete “2024,” and substitute “2025,”.

AB369-AA2,2,19 9. Page 6, line 16: after that line insert:

AB369-AA2,3,6 “3. Partnerships, limited liability companies, and tax-option corporations may not claim the credit under this subsection, but the eligibility for, and the amount of, the credit are based on the amounts of the federal employer-provided child care credit claimed under par. (b). A partnership, limited liability company, or tax- option corporation shall compute the amount of credit that each of its partners, members, or shareholders may claim and shall provide that information to each of them. Partners, members of limited liability companies, and shareholders of tax- option corporations may claim the credit in proportion to their ownership interests.”.

AB369-AA2,3,7 (end)