The bill proposes the establishment of the Child Care Cred Program under section 5180.41 of the Revised Code, aimed at assisting eligible employees with child care costs through a shared funding model involving employees, employers, and the Department of Children and Youth. The program's goals include attracting and retaining talent for employers, supporting employees with child care expenses, and sustaining child care providers. Each party is expected to contribute equally to the costs, although employers may choose to cover more than their one-third share. Participation in the program is voluntary, and eligibility criteria are outlined for employees, employers, and child care providers.

Additionally, the bill includes an appropriation of $10 million from the General Revenue Fund for the Child Care Cred Program for fiscal year 2026. The Director of Children and Youth is authorized to request additional funds if necessary to ensure the program's operation. The bill also allows the department to adopt rules for implementation and specifies that any regulatory restrictions in these rules are not subject to certain provisions of the Revised Code.