Policy Update
EPIC is continuing to represent Colorado’s business community in advocating for policies that advance the workforce of today while developing the workforce of tomorrow.
Child Care Contribution Tax Credit
House Bill 23-1091 Continuation of the Child Care Contribution Tax Credit provides tax credits that drive $60 million a year to child care in Colorado. EPIC is leading the coalition supporting this high-priority bill, and we are proud to say that the Denver Post recently reported that it has been identified as the #2 priority for funding by Democrats in both the House and Senate!
If you haven’t let your Senator know that you support the continuation of the Child Care Contribution Tax Credit, now’s a great time to do it! Not sure who your Senator is? Find out here: Find My Legislator | Colorado General Assembly
Other Important Legislation
Here’s a bit about some of the other important bills we’re supporting this session:
- A requirement for employers to provide notice of the earned income tax credit and child tax credit to their employees to help increase awareness and utilization.
- Two bills that will help to train more early childhood teachers in Colorado – one through a zero-cost credentialing program and the other through with universal scholarships for graduating Colorado high schoolers.
- Bonuses to support Universal Pre-K by incentivizing providers to participate and to retain or expand their infant and toddler capacity.
- A bill referring a question to Colorado voters to allow the state to retain all of the revenue generated by the nicotine and tobacco tax created in 2020 for Universal Pre-K.
