To amend the Internal Revenue Code of 1986 to provide a credit for increasing wages paid to child care providers.

This bill would create a new federal tax credit for employers that pay wages to child care workers at child care facilities. To qualify, an employer's average hourly child care wage for the year must be higher than in the year before. The credit equals the smaller of 5 percent of the year's child care wages (7 percent for facilities in rural areas) or the increase in child care wages over the prior year. Eligible facilities must care for at least 6 individuals, be paid for their services, and follow state and local laws; employers could also choose to receive the credit as a direct payment or opt out of it.

Full text and official record on Congress.gov

Sponsors

• Linda T. Sánchez Democrat sponsor
• 3 cosponsors