Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Alabama lawmakers approve tax breaks for businesses that help employees afford child care !

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

Time:2024-05-08 14:04:48 source:Earthly Echo 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.

Related information
  • Cherry blossom in Yuyuantan Park, with the Central Television Tower as background
  • Kirsten Dunst says she STILL gets a Christmas cake from Interview With The Vampire co
  • Alicia Keys rocks a studded denim
  • Amanda Bynes' former Nickelodeon co
  • China reaps fruits far beyond ice
  • Queen Letizia channels Spring with a colourful floral dress for an event in Cordoba
  • Florence's iconic 700
  • Now and Then co
Recommended content
  • Roundup: Foreign Leaders, Scholars Mourn Former Chinese Leader Jiang
  • Queen Mary and King Frederik slammed for 'unprofessional' approach over the Easter long weekend
  • Kirsten Dunst says she STILL gets a Christmas cake from Interview With The Vampire co
  • Shocking moment Oakland jewelry shop owner cowers in terror as gang of hammer
  • Xi inspects Changde in central China's Hunan Province
  • OJ Simpson dead at 76 after cancer battle: Football legend turned accused double