The bill amends Section 40-5.2-20 of the General Laws in Chapter 40-5.2, known as "The Rhode Island Works Program," to improve childcare assistance for low-income families. Key insertions include provisions for childcare assistance for families with incomes below 261% of the federal poverty level, effective January 1, 2025, specifically when such assistance is necessary for a member to enroll or maintain enrollment in a Rhode Island public institution of higher education. The bill also establishes a sliding-fee scale for families earning between 100% and 200% of the federal poverty level and allows families exceeding the income threshold to continue receiving support until their income surpasses 300% of the federal poverty guidelines.

Additionally, the bill extends funding for childcare for eligible educators and staff from August 1, 2023, through July 31, 2028, ensuring that those working at least twenty hours a week in licensed centers or homes can receive funding without copayments, provided their family incomes do not exceed 300% of the applicable federal poverty guidelines. The legislation also mandates annual reporting of participant data to the governor and the general assembly by November 1, replacing the previous deadline of 2024. Furthermore, it introduces tiered reimbursement rates for licensed childcare centers and family childcare providers based on quality ratings, with specific amounts detailed for each tier, thereby enhancing the accessibility and quality of childcare services in Rhode Island.