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, Colleagues Re-Introduce Bill to Expand Affordable Housing Access for Low-Income Families
WASHINGTON – This week, U.S. Senator Tina Smith (D-Minn.), Chair of the Senate Subcommittee on Housing, Transportation, and Community Development, joined a group of five Senate colleagues in re-introducing legislation to improve the federal government’s largest rental assistance program. The bipartisan Choice in Affordable Housing Act would make it easier to access Housing Choice Vouchers (HCV), also known as Section 8 vouchers, and attract and retain landlords to the program. As a result, low-income families will have increased housing choices and improved access to high-opportunity neighborhoods. The bill is led by Senators Chris Coons (D-Del.) and Kevin Cramer (R-N.D.) and
Klobuchar, Smith Secure Significant Federal Funding to Expand and Upgrade I-94 in Wright County
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) announced that they have secured $3 million in federal funding through the Fiscal Year 2023 budget to expand and upgrade a stretch of the Interstate 94 (I-94) highway in Wright County. “This federal funding will help expand and upgrade I-94, improving safety and mobility on this critical route. I am proud to have worked with local leaders to secure this funding, and I know that these resources will make a real difference for so many communities,” said Klobuchar. “The I-94 expansion project will improve access to the Interstate and reduce
U.S. Senator Tina Smith’s Bipartisan Legislation to Provide Transparency For Those Looking to Purchase Popular Long-Term Savings Vehicles Signed Into Law
WASHINGTON, D.C. – U.S. Senator Tina Smith (D-MN) announced her bipartisan legislation with Senator Thom Tillis (R-NC) to help provide transparency for consumers looking to purchase popular, long-term savings vehicles was signed into law as part of the bipartisan government funding bill. The law will help ensure that investors considering purchasing Registered Index Linked Annuities (RILAs) get clear and direct information that promotes investor understanding. “It’s more important than ever for consumers to have clear and concise information about their investments,” said Smith. “This legislation would help consumers looking to purchase RILAs by providing clear information about their potential investments
U.S. Senator Tina Smith Announces Significant Federal Funding for Tribal Nations and the Native Community in the Twin Cities
WASHINGTON D.C. [1/13/23] –– U.S. Senator Tina Smith (D-Minn.) announced that she helped secure over $8.6 million for Minnesota Tribal Nations and communities in the Twin Cities metro area. These funds will support the Lower Sioux Indian Community, the Leech Lake Band of Ojibwe, the Shakopee Mdewakanton Sioux Community, the Prairie Island Indian Community, the Indian Health Board of Minneapolis, and the Native American Community Clinic. Senator Klobuchar also worked to secure this funding. “For too long, Native communities have experienced negative impacts of federal underinvestment and underfunding of critical services. I’m proud to have worked with Tribal leaders to help
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