Alabama lawmakers approve tax breaks for businesses that help employees afford child care
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
Reliever Drew Smith back with Mets after missing almost 6 weeks with shoulder soreness
NEW YORK (AP) — Reliever Drew Smith was activated from the 15-day injured list by the New York Mets2024-06-03Xi inspects Changde in central China's Hunan Province
(Xinhua) 08:07, March 20, 2024Chinese President Xi Jinping, also general secretary of the Communist2024-06-03Executor of O.J. Simpson's estate plans to fight payout to the families of Brown and Goldman
LAS VEGAS (AP) — The executor of O.J. Simpson’s estate says he will work to prevent a payout of a $32024-06-03Griezmann scores 2 as Atletico Madrid beats Girona 3
BARCELONA, Spain (AP) — Antoine Griezmann scored twice as Atletico Madrid beat Girona 3-1 on Saturda2024-06-03Rupert Murdoch marries for the 5th time in ceremony at his vineyard
NEW YORK (AP) — Media magnate Rupert Murdoch, 93, has married for the fifth time, his corporation, N2024-06-03Griezmann scores 2 as Atletico Madrid beats Girona 3
BARCELONA, Spain (AP) — Antoine Griezmann scored twice as Atletico Madrid beat Girona 3-1 on Saturda2024-06-03
atest comment