US SB25 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on January 4 2017 - 25% progression, died in committee
Action: 2017-01-04 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 4 2017 - 25% progression, died in committee
Action: 2017-01-04 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Right Start Child Care and Education Act of 2017 This bill amends the Internal Revenue Code to: (1) increase the rates and maximum allowable amount of the tax credit for employer-provided child care facilities; (2) increase the eligibility threshold amount and rate of the household and dependent care tax credit and make such credit refundable; (3) allow a new $2,000 annual tax credit for three years for child care providers who hold a bachelor's degree in early childhood education, child care, or a related degree and who provide at least 1,200 hours of child care services in a taxable year; and (4) increase the tax exclusion for employer-provided dependent care assistance.
Title
Right Start Child Care and Education Act of 2017
Sponsors
Sen. Jeanne Shaheen [D-NH] | Sen. Kirsten Gillibrand [D-NY] | Sen. Brian Schatz [D-HI] | Sen. Amy Klobuchar [D-MN] |
History
Date | Chamber | Action |
---|---|---|
2017-01-04 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB2140 (Related) 2017-04-25 - Referred to the House Committee on Ways and Means.
Subjects
Child care and development
Employee benefits and pensions
Income tax credits
Income tax exclusion
Taxation
Teaching, teachers, curricula
Employee benefits and pensions
Income tax credits
Income tax exclusion
Taxation
Teaching, teachers, curricula
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/115th-congress/senate-bill/25/all-info |
Text | https://www.congress.gov/115/bills/s25/BILLS-115s25is.pdf |