House Bill No. 4024 proposes the establishment of a Child Care Scholarship Fund under a new Chapter 321 in the Labor Code. The Texas Workforce Commission (TWC) is tasked with creating and managing this fund to enhance scholarship opportunities for eligible families seeking access to high-quality child care. The fund will be a special account in the state treasury, separate from the general revenue fund, and will consist of legislative appropriations, interest earned, and any gifts or donations received for its purpose. The TWC must also submit requests for fund disbursements to ensure that the money is used to increase subsidized child care rates or the number of scholarships provided.

Additionally, the bill mandates that the TWC publish and submit an annual report to the legislature detailing the fund's effectiveness, including appropriations, usage, and recommendations for improvement. The TWC is required to adopt necessary rules for administering the fund by January 1, 2026, and the act is set to take effect on September 1, 2025.

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