Wisconsin Governor Tony Evers' bill, effective in 2024, aims to ease childcare costs and support working families.
With the recent expansion of Wisconsin's child and dependent care tax credit, Democratic Governor Tony Evers has taken a step towards his goal of alleviating the financial burden on families grappling with childcare costs in the state.
The nonrefundable nature of the tax credit, according to reporting in the Wisconsin Examiner, became a point of contention highlighted by Democratic State Senator Chris Larson's failed amendment for a refundable credit, which signifies that while the credit can reduce tax bills to zero, it doesn't result in a refund for any remaining credit balance.
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