Options for Modifying the State Child Care Tax Credit

Apr 7, 2016 - As mentioned above, the state credit is simply a percentage of the federal credit. For example, as illustrated earlier by Figure  2, a filer with taxable income of $50,000 would be eligible for a federal credit of 20  percent of their eligible child care costs.
https://lao.ca.gov/Publications/Report/3417

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - Put simply, the Governor ’s budget aims to address a large array of proposals, across many issue areas, with relatively small dollar amounts. We recommend the Legislature consider whether this approach aligns with its own priorities.
https://lao.ca.gov/Publications/Report/4135