This memorandum summarizes changes to federal and state child and dependent care tax provisions that were enacted or took effect in 2014. The federal Child and Dependent Care Tax Credit was unchanged in 2014, but at the state level, there were two improvements and one setback. Colorado enacted a new, refundable Low-Income Child Care Expenses Credit, effective for tax year 2014, for families with incomes of $25,000 or less who are unable to claim the federal CADC credit or existing Colorado CADC credit because they do not have federal income tax liability. Iowa improved its existing CADC credit, allowing lower-income families with little or no federal tax liability to claim the state credit, beginning in tax year 2015. But in North Carolina, the 2013 repeal of its CADC credit took effect for tax year 2014. (author abstract)