H.R. 8023 — To amend the Internal Revenue Code of 1986 to provide a credit for increasing wages paid to child care providers.

H.R. 8023 — To amend the Internal Revenue Code of 1986 to provide a credit for increasing wages paid to child care providers. | JustPolicyThe purpose of this legislation is to support child care providers by offering a financial incentive for increasing wages paid to their employees. The goal is to improve the quality of child care services and make the profession more attractive by ensuring that child care workers receive better compensation. Key provisions of the legislation include the establishment of a new tax credit called the "child care supply credit." This credit allows employers to receive a financial benefit based on the wages they pay to qualified child care workers.