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An analyst with the Legislature’s Joint Fiscal Office told lawmakers on Friday that preliminary estimates pegged the combined annual cost of paid leave and child care subsidies at about $190 million in 2025, which would be the first full year of operation.
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A section of a bill greatly expanding financial aid eligibility for child care and increasing early educator wages calls for a feasibility study seeking a funding source for the significant investment it proposes.
But thatâs not as easy as it looks, the Vermont House Human Services Committee heard Tuesday, as it continued work on H. 171.
The committee heard from potential study participants who donât want to participate; that some of the data the study would collect does not presently exist; and that the price tag is significant.
As drafted, the bill calls on the State Treasurer, the Auditor, Joint Fiscal Office, the Commissioner of Finance, and the Commissioner of Taxes to deliver that study by January 15 of next year. Itâs a key element of a proposal intended to reduce the per-household contribution for child care to 10 percent of gross household income, while raising wages in an industry where early wages are