travel

Alabama lawmakers approve tax breaks for businesses that help employees afford child care

Font size+Author:Earth Explorer news portalSource:travel2024-05-08 15:56:43I want to comment(0)

MONTGOMERY, Ala. (AP) — Alabama lawmakers on Tuesday gave final approval to legislation to provide s

MONTGOMERY, Ala. (AP) — Alabama lawmakers on Tuesday gave final approval to legislation to provide state tax breaks to businesses that help their employees afford childcare.

The Alabama Senate voted 31-0 for the bill that now goes to Gov. Kay Ivey for her signature. Supporters said that childcare costs are a barrier for many parents considering returning to the workforce. House Minority Leader Anthony Daniels said the goal is to help families afford childcare and to help businesses that are struggling to find workers.

“It gets workers back into the workforce,” said Republican Sen. Garlan Gudger of Cullman during the Senate debate.

The bill would set aside $15 million in tax credits that could be claimed by companies that provide childcare stipends, on-site day care or reserved spots at licensed facilities. The tax credit program would begin in 2025 and end on Dec. 31, 2027. After evaluating the cost and effectiveness of the program, lawmakers could choose to extend the tax credit.

Related articles
  • Gwyneth versus the Golden Arches! Paltrow mocked for homemade 'McMuffin' without a BUN

    Gwyneth versus the Golden Arches! Paltrow mocked for homemade 'McMuffin' without a BUN

    2024-05-08 15:34

  • My top diet tricks to lower your blood pressure WITHOUT taking pills

    My top diet tricks to lower your blood pressure WITHOUT taking pills

    2024-05-08 14:42

  • Report says Chiefs' Rashee Rice suspected of assault weeks after arrest over high

    Report says Chiefs' Rashee Rice suspected of assault weeks after arrest over high

    2024-05-08 14:05

  • Wilson wins first

    Wilson wins first

    2024-05-08 13:33

Netizen comments