Income tax; revise provisions regarding tax credit for employers providing child care for employees.

HB 4058 revises Mississippi's income tax credit for employers providing child care, requiring that stipends be paid directly to licensed or registered child care providers (not employees) and maintaining a $2,000 minimum stipend per child annually. The tax credit is capped at $3,000 per year per child and requires employers to submit documentation to the Department of Revenue verifying payments, provider licensing, and employee details. This bill directly affects Mississippi employers offering child care benefits, with the credit applying to direct payments to licensed providers or expenses related to on-site care facilities. The legislation also references Section 37-153-7 (creating the Mississippi Office of Workforce Development) for potential future amendment.