Policy Resource
Nebraska Creates New Tax Credits to Support High Quality Early Care and Education
Last week Nebraska passed the School Readiness Tax Credit Act, creating two new tax credits designed to increase access to high quality early care and education (ECE) programs.
One of the tax credits targets ECE professionals who have attained the minimum qualification of a Child Development Associate Credential or a one-year certificate/diploma in ECE or child development and who are employed in ECE programs participating in the state’s Quality Rating and Improvement System (QRIS). The amount of the refundable credit ranges from $500 to $1,500 depending on the individual’s qualifications. The second tax credit is nonrefundable and is available to ECE programs participating in the QRIS with at least a step-three quality rating. The amount of the credit is determined by a program’s rating and the number of children served who receive child care subsidies. It ranges from $250 per eligible child at step-three to $750 per eligible child at step-five. Nebraska’s Act is modeled after the very successful Louisiana tax credits, which ZERO TO THREE wrote about here. Learn more about Nebraska’s Act here.
Read more about:
Explore more from Quality Improvement
-
Tool
Resource information on state policies and initiatives that impact infants, toddlers and their families
-
Article
California Statewide Screening Collaborative
Learn about California's collaborative effort to increase the use of standardized developmental screening tools and referral into early intervention services for all young children.
-
Tool
Mississippi Building Blocks Program
As of 2016, Mississippi Building Blocks worked with 29 centers across the state, and over 500 early childhood programs in 31 counties have benefitted from free equipment, a research-based curriculum,…
Explore more from Financing
-
Tool
Inspiring Innovation: Creative State Financing Structures for Infants and Toddlers
States can and should be investing in infants and toddlers as they work to build their birth-to-five systems. The four states highlighted in this policy brief exemplify such models of state investmen…
-
Tool
Wisconsin Takes Steps to Address Young Children's Mental Health
Professional Development, Financing, Public Engagement & Political Will Building resource information on state policies and initiatives that impact infants, toddlers and their families
