Establishes Tri-Share child care workplace benefit program and fund in Michigan.

The bill amends Michigan's 1973 PA 116 by establishing the Tri-Share child care workplace benefit program and fund within the Department of Lifelong Education, Advancement, and Potential. This program aims to assist employees of participating employers with child care costs by leveraging contributions from employers and the state. Employers must contribute at least one-third of the child care costs, with the state covering the remaining two-thirds. The fund, created in the state treasury, accepts contributions from any source and is managed by the state treasurer.

Establishes Tri-Share child care workplace benefit program and fund in Michigan.

The bill amends Michigan's 1973 PA 116 by establishing the Tri-Share child care workplace benefit program and fund within the Department of Lifelong Education, Advancement, and Potential. This program aims to assist employees of participating employers with child care costs by leveraging contributions from employers and the state. Employers must contribute at least one-third of the child care costs, with the state covering the remaining two-thirds. The fund, created in the state treasury, accepts contributions from any source and is managed by the state treasurer.