Juneau — The Alaska House of Representatives has passed Senate Bill 96 (SB 96), a measure designed to enhance access to childcare across the state by expanding education tax credits for businesses that support childcare services. The bill aims to alleviate the childcare shortage that affects many Alaskan families and hinders workforce participation.
SB 96 introduces tax credits for expenditures related to the operation of childcare facilities and contributions made to nonprofit childcare organizations. By incentivizing businesses to invest in childcare, the bill seeks to reduce the financial burden on families and improve the availability of childcare services statewide.
The bill supports working families and fosters a robust economy. By encouraging private sector involvement in childcare solutions, SB 96 represents a practical approach to addressing the state’s childcare challenges without imposing new taxes or expanding government programs.
Representative Julie Coulombe (R–Anchorage), stated, “Access to affordable childcare is essential for Alaska’s working families. By employing the use of tax credits, SB 96 empowers businesses to be part of the solution, helping parents remain in the workforce while ensuring their children receive quality care.”
The passage of SB 96 reflects the effort to tackle a pressing issue that affects communities across Alaska.