Legis Daily

Right Start Child Care and Education Act of 2024

USA118th CongressS-3787| Senate 
| Updated: 4/10/2024
Jeanne Shaheen

Jeanne Shaheen

Democratic Senator

New Hampshire

Cosponsors (3)
Kirsten E. Gillibrand (Democratic)Angus S. King (Independent)Amy Klobuchar (Democratic)

Small Business and Entrepreneurship Committee, Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline

Bill from Previous Congress

S 116-137
Right Start Child Care and Education Act of 2019
Feb 8, 2024
Introduced in Senate
Feb 8, 2024
Read twice and referred to the Committee on Finance.
Apr 10, 2024
Committee on Small Business and Entrepreneurship. Hearings held.
  • Bill from Previous Congress

    S 116-137
    Right Start Child Care and Education Act of 2019


  • February 8, 2024
    Introduced in Senate


  • February 8, 2024
    Read twice and referred to the Committee on Finance.


  • April 10, 2024
    Committee on Small Business and Entrepreneurship. Hearings held.

Taxation

Child care and developmentEmployee benefits and pensionsIncome tax creditsIncome tax exclusionTeaching, teachers, curricula

Right Start Child Care and Education Act of 2024

USA118th CongressS-3787| Senate 
| Updated: 4/10/2024
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 116-137
Right Start Child Care and Education Act of 2019
Feb 8, 2024
Introduced in Senate
Feb 8, 2024
Read twice and referred to the Committee on Finance.
Apr 10, 2024
Committee on Small Business and Entrepreneurship. Hearings held.
  • Bill from Previous Congress

    S 116-137
    Right Start Child Care and Education Act of 2019


  • February 8, 2024
    Introduced in Senate


  • February 8, 2024
    Read twice and referred to the Committee on Finance.


  • April 10, 2024
    Committee on Small Business and Entrepreneurship. Hearings held.
Jeanne Shaheen

Jeanne Shaheen

Democratic Senator

New Hampshire

Cosponsors (3)
Kirsten E. Gillibrand (Democratic)Angus S. King (Independent)Amy Klobuchar (Democratic)

Small Business and Entrepreneurship Committee, Finance Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Child care and developmentEmployee benefits and pensionsIncome tax creditsIncome tax exclusionTeaching, teachers, curricula