The bill amends the existing child care regulations in Michigan by adding a new section, 6b, which establishes the tri-share child care program within the Department of Lifelong Education, Advancement, and Potential. This program is a continuation of a child care pilot project that was initially funded under a previous law. The bill also creates the tri-share child care fund within the state treasury, allowing the state treasurer to receive and manage funds for this initiative. Importantly, any money in the fund at the end of the fiscal year will not lapse to the general fund, ensuring that it remains available for child care purposes.

Additionally, the bill outlines the responsibilities of the Department of Lifelong Education, Advancement, and Potential in administering the tri-share care program and funding existing child care facilitator hubs. The department is authorized to allocate funds to support these hubs, with the possibility of funding new hubs if there is sufficient financial support for all existing ones. Furthermore, it specifies that any child care facilitator receiving funds must operate as a nonprofit, limited liability company, C-corporation, S-corporation, or sole proprietor, thereby ensuring that the program supports a diverse range of child care providers.

Statutes affected:
Senate Introduced Bill: 722.111, 722.128