Posted on February 10, 2024
ACNJ staff members (Shadaya Bennett and Winifred Smith-Jenkins) attended a site visit to the Clinton Hill Early Learning Center in Newark, hosted by Congresswoman Mikie Sherrill (CD- 11) where federal, state, and local officials along with advocates came together to highlight the importance of child care. Joined by two local state lawmakers – Senate Majority Leader Teresa Ruiz and Assemblywoman Eliana Pintor Marin, the press conference drew attention to the significance of the child tax credit and the importance of bolstering our child care system (infrastructure, access, quality).
The House (federal) recently passed a package of tax bills that includes a measure which will expand the federal child tax credit. If signed into law, the credit limit will increase to $1,800 for the 2023 tax year (retroactively), $1,900 for 2024, and $2,000 for 2025 – up from the current $1,600 limit.
The Child Care Stabilization Act (also federal) is a measure sponsored by the Congresswoman to extend federal grants to child care providers as the previously funded Child Care Stabilization Grant Program expired in September. It appears the measure would extend funds for an additional year, and that the bill has only been introduced with no further action.