Critical opportunity for every America, parent, uncle, aunt, sibling, grandparents! And, not just because Senator Tim Kaine does such a great job in my own state of Virginia, but because there are critical opportunities in this package. Take a look! https://lnkd.in/eXKeJtj5 As Americans, we've understood that when we create companies and have employees that providing benefits to our employees enables a happy more productive employee. This package bolsters the underutilized Employer-Provided Child Care Tax Credit—commonly referred to as 45F—and encourages businesses to provide child care to their employees. The Kaine-Britt plan would increase the maximum credit from $150,000 to $500,000, and the percentage of expenses covered from 25% to 50%. The legislation also includes a larger incentive for small businesses—a maximum credit of $600,000—and allows for joint applications for groups of small businesses who want to pool resources. Tom Weber
📢 Child care is at a tipping point – but there's hope! 🍼 Two new legislative proposals, the Child Care Availability and Affordability Act and the Child Care Workforce Act, could be the change we need to address critical gaps and unlock opportunities for working parents, Child Care providers, and the economy. At TOOTRiS, we're committed to supporting families, providers, and employers in solving the Child Care crisis. Learn more about how these Acts could shape the future of Child Care and workforce retention in our latest blog! https://lnkd.in/eGMQwgq3 #ChildCareCrisis #WorkforceSolutions #EconomicGrowth #ChildCare