2025 House Bill 4056

Individual income tax: other; child care savings program; create.

A bill to create a child care savings program; to provide for child care savings accounts; to prescribe the powers and duties of certain state agencies, boards, and departments; to allow certain tax deductions; and to provide for penalties and remedies.

Official record

AI Analysis – Experimental

House Bills 4056 and 4057 create a tax-advantaged child care savings program, allowing individuals to save for child care expenses with tax-exempt contributions and interest, starting January 1, 2026.

Introduced in the House

Feb. 4, 2025

Introduced by Rep. Bill Schuette (R-95) and 19 co-sponsors

Co-sponsored by Reps. Kathy Schmaltz (R-46), Nancy DeBoer (R-86), Ken Borton (R-105), Brian BeGole (R-71), David Prestin (R-108), Greg Markkanen (R-110), Doug Wozniak (R-59), Mike Hoadley (R-99), Jason Woolford (R-50), Ron Robinson (R-58), Joseph Pavlov (R-64), Steve Frisbie (R-44), Tom Kunse (R-100), Gina Johnsen (R-78), Alicia St. Germaine (R-62), Rylee Linting (R-27), Jamie Thompson (R-28), Luke Meerman (R-89) and Jimmie Wilson (D-32)

Referred to the Committee on Economic Competitiveness