Expanding Child Care Access Act of 2024

Expanding Child Care Access Act of 2024

This bill allows qualified family child care providers a refundable tax credit for up to $5,000 of their qualified child care startup expenses. The bill defines qualified family child care provider as a family child care provider that (1) provides child care services for compensation and is licensed or registered under state law and satisfies state and local requirements for providing child care; (2) primarily provides child care at its primary residence; and (3) has provided child care services to not less than two children for a significant portion of a taxable year.

The bill defines qualified child care startup expenses as amounts paid to establish and operate a qualified family child care provider. This includes child care licensing fees, liability insurance, and outdoor playground equipment, among other expenditures.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov