Parents in Georgia can receive a little more back from their state taxes, following a bill to increase the childcare tax credit. State Rep. Lauren Daniel of Locust Grove sponsored the measure.
The state senate has provided final passage to house bill 1021. It now awaits the governor’s signature for approval.
Childcare Tax Credit in Georgia
House Bill 1021 increases the childcare tax credit from $3,000 to $4,000 per dependent. This amounts to about $50 in tax savings per child for parents. The increased tax credit will take effect for the 2024 tax year, or when residents file their tax returns in early 2025.
State Rep. Daniel announced the legislation in January. At the time, Daniel shared “We are hit with rising costs at the grocery store. We’re hit with rising costs of childcare. We’re hit with rising costs to afford our mortgages, so this is something that helps.” Daniel, a mother of four, has been accompanied by her newborn son, Zane, each day at the state Capitol.
House Bill 1021 passed the Georgia House in February by a unanimous vote 165–0. It passed the state senate on March 28 likewise unanimously 50–0.
Featured image shows Rep. Lauren Daniel, baby Zane Daniel and Speaker of the House Jon Burns in January 2024. Georgia House photo.
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