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Senate committee advances three-part childcare tax credit after fiscal debate
Summary
The Senate Finance and Claims Committee voted 12–10 to advance SB 3 21, a three-part childcare tax credit bill that reduces a per-child credit to $600, creates a childcare-worker credit and offers employer credits; Department of Revenue testimony clarified fiscal components and uncertainties.
Senate Finance and Claims on Wednesday advanced SB 3 21, a three-part childcare tax credit package that backers say will ease costs for families, support childcare workers and incentivize employers to help pay for childcare. The committee voted 12–10 to send the bill to the next stage.
Senator Josh Kaczmeier (sponsor, Senate District 13) described the bill as targeting childcare access and affordability through three credits: a per-child credit (amended from $1,200 to $600), a $1,600 credit for childcare workers, and a $5,000 employer credit for businesses that pay for childcare. "This bill was trying to target 3 problems," Kaczmeier said during his opening remarks, and he invited…
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