School readiness; tax credits established for five categories of expenditures.

. Establishes tax credits for five categories of expenditures related to school readiness: (i) parents' child care expenses, (ii) child care providers' expenses, (iii) educational development expenses of child care facility directors and staff, (iv) expenses paid by a business to improve child care for its employees' children, and (v) business's donations to child care resource and referral agencies. The bill defines "child" to mean a child under the age of six and "child care facility" to mean a facility that primarily serves children under the age of six.