The bills, H.R. 460 and H.R. 1500 in the House and S. 210 in the Senate, all seek to raise the amount of childcare expenses eligible for the credit as well as the percentage of those expenses eligible for the credit. This is excellent news.
As you may know, currently the CDCTC provides a minimum credit to working families of 20% of the first $3,000 spent on childcare for each of the family's first two children per year. The CDCTC has not been increased in years, and thus it does not even begin to cover a family's childcare costs.
The bills in Congress now would raise the amount of eligible expenses to $6,000 per child with a credit of anywhere from 35% to 50%. Obviously, this would be a significant improvement and provide much needed relief for working families trying to pay for the costs of childcare.
Here's what we need you to do now: Contact your member of Congress and two U.S. Senators. Find your Congressman here. Find your Senators by clicking here. Tell them you support H.R. 460, H.R. 1500 and S. 210 and urge them to vote for these bills.
This lobbying effort went from nothing to getting three bills introduced in Congress. We have done a terrific job, but there is still more to do. Contact your representatives, and let them know you support H.R. 460, H.R. 1500 and S. 210 to increase the federal Child and Dependent Care Tax Credit today.
If you have questions about INA's lobbying effort, please contact INA Governmental Affairs Chair Bob King of Legally Nanny at 714-336-8864 or info@legallynanny.com.
Thanks again for all your support, and keep up the fight.
~~~SAMPLE LETTER~~~
Dear Congressman [Name]:
As a resident of your district and a voter, I wanted to contact you to support H.R. 460, H.R. 1500, and S. 210 to increase the federal Child and Dependent Care Tax Credit (CDCTC).
Currently the CDCTC provides a minimum credit to working families of 20% of the first $3,000 spent on childcare for each of the family's first two children per year. The CDCTC has not been increased in years, and thus it does not even begin to cover a family's childcare costs.
H.R. 460, H.R. 1500, and S. 210 would raise the amount of eligible expenses to $6,000 per child with a credit of anywhere from 35% to 50%. Obviously, this would be a significant improvement and provide much needed relief for working families trying to pay for the costs of childcare.
I urge you to support these worthwhile bills to lower taxes for families and enable them to work and provide quality childcare for their children. Thank you in advance for your support.
Sincerely,
INA Member Name
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