Increase Market Rate/Rate Floor/Child Subsidy.

Summary

The bill directs the Department of Health and Human Services to increase child‑care subsidy rates to the 75th percentile of the 2023 market‑rate study and to automatically adjust them to the 75th percentile of any future studies. It also creates a statewide minimum rate (rate floor) for both center‑based and home‑based providers, with special rules for very small counties. Funding of $80 million annually for the rate increase and $160 million annually for the rate floor is earmarked to begin in the 2026‑27 fiscal year.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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