S 3787
118th Congress
Senate
Taxation
Child care and development
Employee benefits and pensions
Income tax credits
Income tax exclusion
Teaching, teachers, curricula
Right Start Child Care and Education Act of 2024
Introduced: February 8, 2024
Introduced by:
Shaheen, Jeanne
Democratic
· New Hampshire
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 10, 2024
Committee on Small Business and Entrepreneurship. Hearings held.
Feb 8, 2024
Read twice and referred to the Committee on Finance.
Feb 8, 2024
Introduced in Senate
Plain-English summary
Right Start Child Care and Education Act of 2024
This bill increases or allows new child care tax credits and increases the tax exclusion for employer-provided dependent care assistance.
Specifically, the bill doubles the rate and the maximum allowable amount of the employer-provided child care credit. It also allows an additional increase for certain small businesses.
The bill allows a new three-year tax credit for individuals who hold child care-related educational degrees and who work in licensed child care facilities.
The bill increases the tax exclusion for employer-provided dependent care assistance.
What's happening now
Committee on Small Business and Entrepreneurship. Hearings held.
Committees of jurisdiction
2