Amends the Internal Revenue Code to provide a credit for increasing wages paid to child care providers.

The bill amends the Internal Revenue Code to introduce a tax credit for employers who increase wages for child care providers. Employers can claim a credit equal to a percentage of the qualified child care wages paid. The credit is 5 percent for general areas and 7 percent for rural areas. Employers can elect not to apply the credit for any taxable year. The amendments apply to taxable years beginning after the date of enactment.

Amends the Internal Revenue Code to provide a credit for increasing wages paid to child care providers.

The bill amends the Internal Revenue Code to introduce a tax credit for employers who increase wages for child care providers. Employers can claim a credit equal to a percentage of the qualified child care wages paid. The credit is 5 percent for general areas and 7 percent for rural areas. Employers can elect not to apply the credit for any taxable year. The amendments apply to taxable years beginning after the date of enactment.