House Finance Committee Passes Child Care Expenses Income Tax Credit Bill

Media Contact: Allie Wright, [email protected], (202) 794-1823

Denver (March 13, 2018) – The state House Finance Committee voted to expand the state Child Care Expenses Income Tax Credit Monday afternoon with a 9-3 bipartisan vote.

“This is an incredibly important bill for families in Colorado, and not just families, but for our economy and the workforce as well,” Representative Faith Winter, a cosponsor of the bill, said in the hearing for HB18-1208.

House Speaker Crisanta Duran, another cosponsor of the bill, called on the committee to recognize and support working families in Colorado by expanding the tax credit to reach more middle-income families seeking relief from the high cost of child care.

“We want to make sure there is economic security for those who work hard and this is a very meaningful step forward to address that,” she said.

“This bill would help families in Colorado manage the rapidly rising cost of living and high-quality child care for their children,” said Lauren Freemire, Save the Children Action Network’s Government Relations manager in Colorado. “All kids deserve a strong start in life, and they each deserve to have access to a quality learning environment while their parents are at work.”

The bill will be heard next in the House Appropriations Committee.

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