Affordability and Cost of Living
Increase Childcare Affordability
01.
Tax Breaks for Families
Child and Dependent Care Tax Credit: Increase the State allowance of qualified expenses by 15% (A.9242, Ra).
Empire State Child Credit: Increase State tax credit amount to 45% of Federal Child Tax Credit amount (A.9257, Ra).
Child Care Creation & Expansion Tax Credit: Double existing State credit amount from $25 million per year to $50 million per year (A.9245, Ra).
02.
Regional Cost Model
Regional Cost Approach: Institute a regional cost factor for child care subsidies by regions across the State and increase percentage of household income eligibility (A.9220, Gandolfo).
03.
Expanded Access
Child Care Facility Capital Improvement Tax Credit: Create a new State credit to help child care providers enhance and update facilities (A.9264, Ra).
Examining Barriers: Conduct a new study to examine existing State barriers which prevent new creation of providers (A.8969, Maher).
Extended Day: Create rules and regulations that would establish a model for child care providers that would include nights and weekends (A.9126, Jensen).