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House sponsor outlines childcare CRED program: $10 million appropriation, tri-share split and 400% income limit
Summary
Representative Johnson presented sponsor testimony for substitute House Bill 2, which would create a childcare CRED program with a $10 million appropriation, administered by the Department of Children and Youth, using a state/employer/employee tri-share model and a 400%-of-poverty income cap.
Representative Johnson, sponsor of substitute House Bill 2, told the House Finance Committee that the bill would establish a “childcare CRED program” intended as a public–private approach to Ohio’s childcare challenges. He told the committee the bill “established a childcare credit program and it’ll be administered by the Department of Children and Youth” and that the legislation allocates $10,000,000 to the program.
Johnson described the program as voluntary for employers and employees:…
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