Passage of City's First Local Child Care Tax Credit

Summary


"When we started looking for innovative ways to tackle poverty in New York, we realized one of the biggest assists we could give working families was helping them pay for safe child care while a parent works. By signing our bill, that's exactly what Governor [Eliot Spitzer] is doing," said Mayor [Michael Bloomberg]. "This new tax credit will help more parents work full time and still get care for their youngest children. In addition to Governor Spitzer, I want to thank the City Council for supporting the Center for Economic Opportunity as we work to break the cycle of poverty in our city."

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Passage of City's First Local Child Care Tax Credit

Governor Eliot Spitzer and Mayor Michael Bloomberg has announced that Governor Spitzer has signed into law New York City's first-ever local Child Care Tax Credit. T...

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