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Tax Credit for Childcare Support
Recent Bills/Tax Credit for Childcare Support

Tax Credit for Childcare Support

IntroducedN/A
Failed1 year ago
Intro
House
Senate
Pres
Died in House Committee at Sine Die adjournment.
Why This Matters

This bill provides tax credits to employers who assist their employees with childcare costs, making childcare more affordable.

If you are an employer, you can receive a tax credit for helping your employees with childcare costs starting in 2025.
Who this affects
working parents · employers
What changes is this bill making?
  1. 1This bill creates a new tax credit for employers who help their workers with childcare expenses.
  2. 2It replaces the current tax credit for companies that run their own childcare facilities.
  3. 3Employers can receive financial support to ease the burden of childcare costs for their employees.
  4. 4The new tax credit aims to make childcare more affordable for working families.
Read the detailed summary

To Create The Affordable Childcare Act Of 2025; To Create An Income Tax Credit For Employers Who Assist Employees With Childcare Costs; And To Replace The Existing Income Tax Credit For Employer-operated Childcare Facilities.

Bill ProgressFailed
Bills must pass the House, Senate, and be signed by the President to become law.
Intro
House
Senate
Pres
IntroducedNov 20, 2024
Sponsors
See all 3 sponsors
House

Failed

Senate
President

The President

Donald Trump
President
Awaiting Vote
Similar Bills
Senate Bill · S 400
3 of 4 · Passed Senate
Paid Family and Medical Leave Tax Credit Extension and Enhancement Act
·Taxes
House Bill · HB 1018 (AR)
Failed
To Create The Strong Families Act; And To Create An Income Tax Credit For Employers That Provide Paid Family And Medical Leave For Certain Employees.
·Taxes
House Bill · HR 413
3 of 4 · Passed Senate
Increases Childcare Tax Benefits to $10,000
CHILD Act of 2025
·Taxes