HR 1827

This bill, the Child Care Availability and Affordability Act, aims to make childcare more accessible and affordable for families by expanding the employer-provided child care credit and increasing the dependent care assistance exclusion. Specifically, it increases the amount employers can credit for childcare expenses, raises the maximum credit amount, and provides a refundable credit for childcare expenses, regardless of income. The bill also increases the amount individuals can exclude from their taxable income for dependent care expenses.