Expanding Child Care Access Act of 2024

This bill creates a new federal tax credit for family child care providers who operate from their primary residence and hold state licenses. It allows qualifying providers to claim up to $5,000 in startup costs per year, including licensing fees, supplies, insurance, safety equipment, furniture, and required home renovations. The credit applies only once per provider (no repeat claims) and expires after 7 years. It directly benefits small-scale, licensed family child care providers serving at least two non-family children, aiming to reduce their initial business setup costs.