Gov. Scott Walker signed Assembly Bill 924 into law Tuesday, increasing the state’s investment in the Wisconsin Shares program, assisting the child care industry and Wisconsin families across the state.
Wisconsin Shares is a program for low-income families that subsidizes a portion of the cost of child care while the parents or caregivers are working or participating in another approved activity.
Rep. Mark Born (R-Beaver Dam), author of the proposal, released the following statement:
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“Investing in high quality child care is essential to the development of our children. Research shows that children who receive high quality child care are more prepared when they enter school with better math, language, and social skills. This additional investment is critical to ensure quality child care is available to families across the state.”
The bill increases state spending on child care subsidies in the Wisconsin Shares program by 5 percent annually. The additional investment will align the Wisconsin Shares program rates more with market rates for child care. Additionally, the bill boosts the Youngstar bonus for four- and five-star providers with the goal of encouraging providers to invest in their centers in order to obtain a higher rating.
Joining Born at the bill signing was Renae Henning, Director of Community Care Preschool and Child Care in Beaver Dam. Henning played an important role in the legislative process, including testifying before the Joint Committee on Finance on the bill.