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 15:09:12 source:Stellar Space 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
  • The terrifying 100
  • Congress honors deceased Korean War hero with lying in honor ceremony
  • Belarus labels German state broadcaster Deutsche Welle ‘extremist,’ bans activities in the country
  • ‘Welcome to Wrexham’ returns for a ‘nail
  • Electricity from clean sources reaches 30% of global total
  • Closing prices for crude oil, gold and other commodities
  • Global negotiations on a treaty to end plastic pollution at critical phase in Canada
  • Why International Criminal Court has Israeli officials worried
Recommended content
  • Rail strikes chaos brings Britain's creaking train lines to a halt
  • Astros promote 1B prospect Loperfido as Abreu's struggles continue for slumping team
  • Real Madrid coach Carlo Ancelotti apologizes for forgetting German on his Bayern Munich return
  • Real Madrid coach Carlo Ancelotti apologizes for forgetting German on his Bayern Munich return
  • 1st Chinese tour group lands in New Zealand in 3 years
  • Twins bring Carlos Correa back from IL after 16