(The Center Square) — New Hampshire Gov. Kelly Ayotte signed a bill on Thursday creating a new tax credit aimed at spurring private businesses to provide childcare options for employees.

The new program, which begins next January, will give companies up to a 50% credit against either the Business Profits Tax or Business Enterprise Tax for creating at least 12 new childcare slots or investing in an existing facility to create 12 slots.

Originally published on thecentersquare.com, part of the BLOX Digital Content Exchange.

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