WASHINGTON - Four U.S. Senators introduced legislation to help families afford child care.
A press release says the Helping Working Families Afford Child Care Act would increase the amount of eligible child care expenses and expanding the credit to low-income families who are not currently eligible.
“For working parents juggling work and family obligations, access to affordable child care is a necessity,” Senator Jeanne Shaheen (D-N.H.) said. “The rising cost of child care is a challenge for families, children and our economy as a whole. The Helping Working Families Afford Child Care Act would help working parents, especially mothers, afford child care so they can get to work and support their families.”
According to the bill, low and middle class families would be eligible for a tax credit equal to 20 percent of child care expenses up to $8,000 for one child and $16,000 for two or more children. That's an increase from $3,000 for one child and $6,000 for two or more children.
With the Helping Working Families Afford Child Care Act, families would become eligible for maximum credits of $1,600 of $3,200 in 2015.
The bill was introduced by Senators Shaheen (D-N.H.), Barbara Boxer (D-Calif.), Patty Murray (D-Wash.) and Kirsten Gillibrand (D-N.Y.).
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