Alabama lawmakers approve tax breaks for businesses that help employees afford child care
Release time：2024-05-08 14:37:39 Source：Stellar Stories news portal
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.
- Previous：Bellinger returns from broken ribs, giving Cubs' lineup a big boost
- Next：Connecticut House passes plan to spend remaining COVID funds, forgoing changes to state budget
Related articles
- Victim of road
- German chancellor presses China on Russia's invasion of Ukraine
- U.S. 'world leadership' in the red
- Company believes it found sunken barge in Ohio River near Pittsburgh, one of 26 that got loose
- Equestrian Beijing Masters to be held in October
- Palestinian death toll in Gaza rises to 32,414
- Company believes it found sunken barge in Ohio River near Pittsburgh, one of 26 that got loose
- National reunification unstoppable: Mainland spokesperson
- Agricultural collaboration yields rich dividends amid deepening ties
- Beijing half marathon results under investigation after runners appear to hand win to Chinese star
- Emily Ratajkowski leaves NOTHING to the imagination as she goes underwear
- Changing course, Florida prosecutor suspended by DeSantis to seek reelection
- Ukrainian president, senior NATO official meet on support for Kiev
- China unveils regulations on water conservation
- REVEALED: New PROOF the anti
- China, Nauru gathering momentum for growth of ties
- Palestinian death toll in Gaza rises to 32,414
- China exercises veto power in UN Security Council to uphold international justice: envoy
- Voters demand crackdown on pro
- Chinese president appoints new ambassadors
Random recommendation
- Copyright © 2024 Powered by Alabama lawmakers approve tax breaks for businesses that help employees afford child care ,Stellar Stories news portal sitemap