Description
Title: Regular Meeting Minutes
Summary
On February 4, 2026, the Annapolis Finance Committee convened to discuss legislation aimed at supporting local child care providers. The proposed Ordinance O-1-26 seeks to establish real property tax credits for state-licensed child care centers, family child care homes, and large family child care homes that own their operating properties. This initiative allows businesses of a certain size with on-site child care facilities to benefit from these tax credits, capped at $10,000. The legislation, sponsored by Aldermen Schandelmeier and O'Neill, aims to alleviate financial burdens on child care providers, thereby promoting child care accessibility in the community. The committee recommended the ordinance favorably, underscoring its significance for local families and businesses.