Texas SB1617 amends the Labor Code to establish the child care protection and enhancement fund for increasing subsidized childcare rates and capacity.

Texas SB1617 amends the Labor Code to establish the child care protection and enhancement fund. This fund is a trust fund held outside the treasury by the Texas Treasury Safekeeping Trust Company and administered by the Texas Workforce Commission. The fund aims to increase both capacity and rates for subsidized childcare in Texas. The Texas Workforce Commission must submit requests for approval of disbursements to the Texas Workforce Commissioners and the Texas Comptroller of Public Accounts.

Texas SB1617 amends the Labor Code to establish the child care protection and enhancement fund for increasing subsidized childcare rates and capacity.

Texas SB1617 amends the Labor Code to establish the child care protection and enhancement fund. This fund is a trust fund held outside the treasury by the Texas Treasury Safekeeping Trust Company and administered by the Texas Workforce Commission. The fund aims to increase both capacity and rates for subsidized childcare in Texas. The Texas Workforce Commission must submit requests for approval of disbursements to the Texas Workforce Commissioners and the Texas Comptroller of Public Accounts.