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On subsidizing childcare: Diane Waterhouse, president of Round Top Window Products, a Canadian company with operations in the United States, suggested a 100 percent write-off for daycare expenses for parent-owned businesses for the first five years. Michele Miller, president of Red Canyon Software in Denver, said that making childcare 100 percent deductible would improve the reporting of expenses, and in turn end many under-the-table transactions, thereby increasing overall tax revenue. Diana Waterhouse is the member of the Women Presidents Organization (WPO) that represents about 500 women who own multi-million dollar companies in the United States. Initiatives1996. The federal welfare law affects the state's Child and Adult Care Food Program, which reimburses family day care homes for client meals. Under the new law, the standard reimbursement rate will drop from $1.54 to 95 cents for lunch, and from 85 cents to 27 cents for breakfast. Many family child care homes rely on these reimbursements to stay in business. Gov. Mike Lowry, Olympia. AwardsRoy Cooper - North Carolina's 51st Attorney General. Has been honored for his work, including awards from the Covenant With North Carolina's Children for new laws to help working families get health insurance for their children, to strengthen the juvenile justice system and to hold day-care centers to high standa |