KinderCare Learning Companies Applauds Bipartisan Effort to Support Working Families through Child Care Access (2024)

Child Care for American Families Act provides much needed support for businesses to expand access to child care for employees

LAKE OSWEGO, Ore., May 23, 2024 /PRNewswire/ -- Today Rep. DavidKustoff (R-TN), Rep. Brad Schneider (D-IL), Rep. Claudia Tenney (R-NY) and Rep. Terri Sewell (D-AL)introduced the Child Care for American Families Act, federal legislation aimed at encouraging employers to provide child care benefits to their employees, whether that's on-site or near-site care or tuition benefits that reduce an employee's overall child care costs. This bill willexpand childcare opportunities for working families by building uponthe Employer-Provided Childcare Tax Credit.

The bill would provide qualifying employers with a tax credit, making it easier for companies of all sizes to find the funds necessary to support working parents through employer-sponsored child care benefits.

"The Employer-Provided Child Care Credit is a targeted solution that provides working families with the support they need through expanded access to child care. It also enables businesses large and small, to attract and retain a skilled workforce," said Paul Thompson, CEO of KinderCare Learning Companies. "We applaud Representatives Kustoff, Schneider, Tenney and Sewell for introducing the bipartisan Child Care for American Families Act that modernizes the existing credit and helps address the evolving needs of employers and working families. More than ever, employers are coming to KinderCare looking for child care solutions that meet the needs of their workforce. This credit will allow employers to make a sustainable investment in child care that increases access for their employees and their surrounding communities."

According to KLC's 2024 Parent Confidence Index, 65% of parents say they would stay at their job if their employer provided subsidized child care. Additionally, 78% of parents said confidence in their child care allows them to excel at work.

Learn more about KinderCare's child care offerings for employers here.

About KinderCare Learning Companies™
A leading provider early childhood and school-age education and care, KinderCare builds confidence for life in children and families from all backgrounds. KinderCare supports hardworking families in 40 states and the District of Columbia with differentiated flexible child care solutions to meet today's dynamic work environment:

• In neighborhoods, with KinderCare®Learning Centers that offer early learning programs for children six weeks to 12 years old and withCrème de la Crème School®, which offers a premium early education model using a variety of themed classrooms;
• At work, through KinderCare Learning Companies for Employers™, providing customized family benefits for employers across the country, including employer-supported child care benefits, on-site and near-site early learning centers and back-up care for last-minute child care, and
• In local schools, with Champions®before and after-school programs.

KinderCare programs meet the highest standards, validated by independent, third-party evaluation including:

• Gallup, measuring workforce engagement,
• National Association for the Education of Young Children, ensuring individual early learning center quality,
• Cognia, accreditation for before- and after-school programs
• BRIGANCE® and TerraNova® assessments of children's academic progress and achievement, and
• WELL Health-Safety Rating™, validating health and safety practices in our facilities.

Headquartered in Lake Oswego, Oregon, KinderCare operates more than 2,400 early learning centers and sites. In 2024, KinderCare earned its eighth Gallup Exceptional Workplace Award – one of only two current organizations worldwide to achieve this milestone for eight consecutive years. To learn more, visitKC-Learning.com.

Media Contact
Colleen Moran
KinderCare Learning Companies
503-872-1300, option 3
media@kindercare.com

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SOURCE KinderCare Learning Companies