Montana SB565 establishes an endowment for early childhood and a related account to fund early childhood programs.

Montana SB565 creates the Montana Endowment for Early Childhood, a permanent funding source for early childhood programs. The bill establishes a Montana Early Childhood Account Board to manage the endowment and account. The board is tasked with determining funding priorities, monitoring expenditures, evaluating program efficacy, and accepting contributions. The board can use the account's funds and interest for early care and education, workforce development, quality improvement, affordability initiatives, innovation, and emergency assistance.

Montana SB565 establishes an endowment for early childhood and a related account to fund early childhood programs.

Montana SB565 creates the Montana Endowment for Early Childhood, a permanent funding source for early childhood programs. The bill establishes a Montana Early Childhood Account Board to manage the endowment and account. The board is tasked with determining funding priorities, monitoring expenditures, evaluating program efficacy, and accepting contributions. The board can use the account's funds and interest for early care and education, workforce development, quality improvement, affordability initiatives, innovation, and emergency assistance.