Newly introduced legislation is expected to help employers attract and retain talent by easing the burden of child care costs on employees. Councilmembers Gabe Albornoz and Nancy Navarro recently introduced Bill 9-20, Economic Development Fund-Local Business Child Care Grant Program. Officials say this will provide an incentive to help small businesses throughout the county attract talent while allowing access to quality childcare.
Officials with the U.S. Chamber of Commerce Foundation say “lack of access to quality and affordable childcare is a significant barrier that limits the supply of talent.”
Within this legislation, businesses with less than 50 employees would be eligible to receive grants of up to 50 percent of the annual amount of childcare contributions paid by the local businesses to employees who earn less than $125,000. Resources would be provided through the county’s Economic Development Fund according to officials.
This is part of both Montgomery County’s Economic Development Platform, and the Early Child Care and Education Initiative.
Council President Sidney Katz and councilmembers Andrew Friedson, Hans Reimer, and Tom Hucker are cosponsors.
https://twitter.com/TVJordanLindsay/status/1237419192929976328?s=20
