Other States Use Sin Taxes to Fund Early Child Care and Education Holds Lessons for Louisiana
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STATE SCHOOL READINESS TAX CREDIT PROGRAMS GAIN $5 MILLION ADDITIONAL DOLLARS, BUT EARLY CHILD CARE AND EDUCATION ADVOCATES LEAVE SESSION WITH LOTS LEFT TO DO NEXT YEAR
Despite a Legislation Session filled with fiscal struggles, the Louisiana Policy Institute for Children (LPIC) said there were victories in early child care and education policies for advocates to celebrate, specifically a 30 percent increase in School Readiness Tax Credits funding advanced by Senator J.P. Morrell, co-authored by State Representative Patricia Smith, and supported by Representative Cameron Henry.
The School Readiness Tax Credit Programs, a model legislative initiative that has been effective in improving the quality of child care in Louisiana helped more than 13,000 families last year fund early child care for their child aged 0 to 4. The increase in available credits will help meet the unmet need in the state, which exceeds an additional 20,000 children, according to the LPIC.
“I am thrilled,” said LPIC Director Melanie Bronfin. “Thanks to SR 209 (Morrell)/HR 217(Smith), there is a $5 million increase in the School Readiness Tax Credits funding.”