OLYMPIA — Legislation signed into law today will broaden the B&O tax exemption allowed for childcare providers, reducing costs for struggling small businesses that provide high-demand childcare services.
The existing B&O exemption for childcare providers currently applies to businesses that care for children up to age 8 for and for more than 24 hours. This includes nursery schools, preschools, childcare providers, and privately-operated kindergartens. SB 6038, sponsored by Sen. Claire Wilson (D-Auburn), extends the exemption to apply to children up to age 12 or up to age 18 if the child has a verified special need or is under court supervision.
“This is a small exemption,” Wilson said, “but if it helps small childcare providers stay in business, it could make a very big difference for families having a hard time finding childcare.”
