Tax Policy

Title
Weekly Legislative Update

Good things happen when business and education align. We started 2024 with possibly the best example of the power of alignment. The House Workforce and Infrastructure Committee heard HB 1488 this week. This bill creates three tax credit programs totaling $60 million that childcare providers and employers can use to incentivize contributions and offset the cost of care. This legislation was a top priority of Governor Mike Parson last year but was one of the casualties of a warring Senate.