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
China's benchmark interbank gold prices mixed Monday
BEIJING, May 6 (Xinhua) -- China's benchmark prices for spot interbank gold transactions were mixed2024-05-08Far fewer young Americans now want to study in China, something both countries are trying to fix
WASHINGTON (AP) — Stephen Garrett, a 27-year-old graduate student, always thought he would study in2024-05-08Sudan's war began a year ago. Children are among its most fragile survivors
METCHE CAMP, Chad (AP) — The war in Sudan began a year ago. Here in a remote camp for tens of thousa2024-05-08Some fear University of Michigan proposed policy on protests could quell free speech efforts
A University of Michigan proposal aimed at deterring disruptions on its Ann Arbor campus after anti-2024-05-08Marseille survive Villarreal fightback to go through
Olympique Marseille qualified for the quarterfinal of the Europa League despite suffering a 3-1 defe2024-05-08A Toronto police officer was stabbed and a suspect shot. Both hospitalized in stable condition
TORONTO (AP) — A Toronto police officer was stabbed and a suspect was shot in the city’s west end, a2024-05-08
atest comment