New Jersey S4002 requires the Department of Human Services to create incentives for private investment in child care deserts.
New Jersey S4002 mandates the Department of Human Services to develop financial incentives to encourage private investment in child care facilities located in areas identified as child care deserts. These incentives may include tax credits, tax exemptions, loan guarantees, and assistance with recruiting, hiring, and training employees. The bill defines a "child care desert" as a community where the demand for quality child care services exceeds the available supply. The program must be implemented within 90 days of the bill's effective date.
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