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Committee advances employer child-care tax credit despite organized opposition
Summary
S1837, a tax-credit program encouraging employer-provided child care, was amended and released. Labor and advocacy groups urged the committee to oppose the bill, calling it an inequitable corporate subsidy that would do little to improve affordability for most families and could divert funds from direct childcare assistance.
The Senate Economic Growth Committee amended and released Senate Bill 1837, which would establish a child-care contribution tax credit for employers to offset certain childcare expenses for employees.
Chris Charmailes, Chief Government Affairs Officer for NJBIA, testified the bill is "pro childcare," "pro business" and could make…
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