AN ACT CONCERNING EARLY CHILDHOOD CARE AND EDUCATION.

This bill creates the Early Childhood Care and Education Fund, a separate financial entity designed to collect and manage money specifically for early childhood education and child care needs. The fund is established as an independent source of money that cannot be mixed with state funds, meaning the state has no claim to the money inside it and is not responsible for any debts the fund might incur. The Treasurer is authorized to invest these funds in various financial instruments to grow the account, while a new Advisory Commission will oversee the fund's financial health and create a ten-year spending plan. This commission includes a diverse group of appointed members representing parents, businesses, philanthropies, and various types of child care providers to guide how the money is used.