HR Management & Compliance

News Notes: Clinton Makes Push For Workplace Child Care

President Clinton’s sweeping $21.7 billion child care initiative includes $500 million in tax incentives to encourage employers to provide more employer-sponsored child care. Under the plan, which is still subject to Congressional approval, employers would get a 25% tax credit for building or expanding child care facilities. Several other bills are pending in Congress which would provide tax credits to businesses that provide child care assistance.

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