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 14:19:32 source:Cosmic Coverage 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
  • Apple's biggest announcements from its iPad event: new sizes, faster chips
  • I'm from Texas and live in the UK,  these are all the weird things I've found about British people
  • In China, latest Minions movie gets a new ending that promotes rule of law
  • The headphones that could ease tinnitus with a radical new treatment
  • Pillar homers twice as Sandoval and the Angels beat the Pirates 9
  • The Aucklanders who refuse to use food scrap bins
  • Michigan approves 'extremely toxic' copper mine just 100ft from Lake Superior
  • More than 200 US chemical plants must reduce toxic emissions under new EPA rule
Recommended content
  • David Beckham reveals his Netflix documentary director was mad at him over viral 'be honest' moment
  • Callaghan Innovation wants to cut staff, focus on money
  • How Los Angeles police are fighting back against organized retail theft
  • Airplane passenger sparks furious debate about PETS flying in
  • Man who went THREE months without a bowel movement had hardened waste stuck in his colon
  • Struggling Chinese developer Evergrande warns it could run out of money