A bill to create a child care savings program; to provide for child care savings accounts; to prescribe the powers and duties of certain state agencies, boards, and departments; to allow certain tax deductions; and to provide for penalties and remedies.
Creates the Child Care Savings Program Act which allows for the creation of savings accounts at financial institutions to cover eligible child care expenses, facilitating account holders' employment, education, or job search efforts.
Co-sponsored by Reps.
Referred to the Committee on Families, Children and Seniors
