The bill amends the Local Economic Development Act to include child care facilities as qualifying entities eligible for public support. Specifically, it introduces new definitions and criteria that recognize child care facilities, including both family-home-based and center-based programs, as entities that can receive assistance under the Act. This inclusion aims to enhance the support for child care services, which are essential for economic development and workforce participation.

Key changes in the bill include the insertion of language that specifies child care facilities as qualifying entities and outlines the conditions under which they can be considered for public support. Additionally, the bill modifies the definition of a "new full-time economic base job" to accommodate jobs within child care facilities, allowing these jobs to be recognized even if the majority of revenue is generated from in-state sources. This legislative change reflects a growing acknowledgment of the importance of child care in supporting families and the economy.