Latest Releases
U.S. Senators Smith, Shaheen, Warnock, Murray and Wyden Introduce Legislation to Expand Childcare Relief to Families
Washington, D.C. — Today, U.S. Senator Tina Smith (D-MN) introduced the Child and Dependent Care Tax Credit Enhancement Act, legislation to help more working families cover a greater share of the high cost of childcare. Senator Smith, a member of the Senate Finance Committee, was joined by U.S. Senators Jeanne Shaheen (D-NH), Raphael Warnock (D-GA), Patty Murray (D-WA) and Ron Wyden (D-OR), Chair of the Senate Finance Committee in introducing the bill. The Child and Dependent Care Tax Credit Enhancement Act would permanently expand the Child and Dependent Care Tax Credit (CDCTC). This bill would help ease the burden of high childcare costs on working families by increasing the maximum tax credit to $4,000 per child, allowing families to receive up to $8,000 in tax credits to offset up to $16,000 in expenses. It would also make the credit refundable to ensure low-income working families can benefit. The credit would also be indexed to inflation to retain its value over time. “I constantly hear from families in Minnesota who are struggling with the high cost of childcare. For some, it rivals mortgages and is even higher than tuition at the University of Minnesota. Families need real relief and this bill will lower costs and put more money back into the pockets of parents,” said Senator Smith. “When childcare works, everything else does, too—families thrive, the economy grows, and our communities get stronger. That’s why I’m committed to fighting to lower costs and improve access to childcare.” “No matter where I go in New
U.S. Senators Tina Smith and Mike Crapo Introduce Bipartisan Legislation to Address Shortage of Rural Veterinarians
WASHINGTON, DC – U.S. Senators Tina Smith (D-MN) and Mike Crapo (R-ID) introduced a bipartisan bill to combat the scarcity of veterinarians in rural areas. The Rural Veterinary Workforce Act would give veterinarians practicing in underserved communities tax exemptions for student loan payments. This would extend a similar exemption available for physicians to veterinary services, enabling veterinarians to help the Americans who need it the most. “In nearly every state in the country, there are shortages for veterinarians, especially in rural areas,” said Senator Smith.“This record shortage causes serious harm to the health of animals and the public. Providing additional funding to the Veterinary Medicine Loan Repayment Program and updating the tax code to better serve veterinarians will allow more qualified vets to do vital work with our animals in underserved communities.” “Access to quality veterinary care is vital for Idaho’s agricultural industry,” said Senator Crapo.“By addressing the burdensome taxes on the Veterinary Medicine Loan Repayment Program, this legislation would allow more veterinarians to serve in the rural and underserved communities most in need and help ensure ranchers and farmers have access to these essential veterinary services.” In 2003, Congress established the Veterinary Medicine Loan Repayment Program (VMLRP) to address the shortage of veterinarians in rural states. The program allows veterinarians to repay their student loans if they decide to work in underserved communities for at least three years. Veterinarians often face substantial student debt in comparison to their salaries, so along with tackling rural shortages, this program also eases that burden. However, these
U.S. Senator Tina Smith Announces Federal Funding for Solar Energy for Tribal Communities and Low-Income Households
MINNEAPOLIS, MN – U.S. Senator Tina Smith (D-Minn.) announced two grants that will expand residential solar projects in Minnesota. The first grant will help increase solar adoption in lower-income communities who are often excluded from clean energy projects. The second award will help build solar energy capacity for Minnesota Tribal communities. These “Solar for All” grants are made possible by President Biden’s Inflation Reduction Act, which both Klobuchar and Smith helped get passed into law. “When it comes to clean energy, I’ve always said we can either lead or follow. I think Minnesota should lead, and that’s exactly what these grants will enable us to do,” said Senator Tina Smith. “These grants
U.S. Senator Tina Smith Announces Clean Energy Projects for Minnesota Farms and Small Businesses
WASHINGTON – U.S. Senator Tina Smith (D-MN), a member of the Senate Agriculture Committee, announced grants for 70 farms and small businesses across rural and Greater Minnesota to install clean energy technology on their farms. This round of funding for Minnesota totals nearly $8 million. This initiative is possible through the Renewable Energy for America (REAP) program, which Senator Smith championed and strengthened in the Inflation Reduction Act. “The clean energy transition is happening, and I want us to lead it,” said Senator Smith. “As we make the switch to cleaner, cheaper energy, we need to make sure everyone benefits. That’s why programs like
U.S. Senators Amy Klobuchar, Tina Smith Announce Funding to Increase Minnesota’s STEM Talent Pipeline, Foster Diversity in STEM Fields
WASHINGTON, D.C. – U.S. Senators Amy Klobuchar (D-Minn.) and Tina Smith (D-Minn.) announced two grants for Minnesota middle schools, high schools, colleges, and universities to strengthen Minnesota’s science, technology, engineering and mathematics (STEM) talent pipeline. One award sponsors the North Star STEM Alliance, a program that supports public, private, and Tribal colleges and universities in their efforts to significantly increase the numbers of students enrolling into and successfully completing high quality degree programs in STEM disciplines in order to diversify the STEM workforce. The other award supports the University of Minnesota, Twin Cities campus to partner with Saint Paul Public Schools (SPPS) and Hamline University, among others, to
U.S. Senators Amy Klobuchar, Tina Smith Announce Clean Energy Manufacturing Investment in Fridley
WASHINGTON – Today, U.S. Senators Amy Klobuchar and Tina Smith (both D-Minn.) announced Cummins, Inc. received a tax credit allocation of $10,500,000 for investment in electrolyzer manufacturing and testing in Fridley, Minn., for its Accelera by Cummins zero-emissions business. This investment is expected to support more than 260 direct jobs and nearly 2,000 indirect jobs. Electrolyzers separate water into oxygen and hydrogen, and when done using renewable energy, create carbon-free hydrogen that can be stored and used as a clean energy source. The funding comes from President Biden’s Inflation Reduction Act, which both Klobuchar and Smith supported. “Minnesota has long been a hub for innovation
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