Extends child care subsidies to families earning up to 300 percent of federal poverty level; appropriates funds.

This bill expands New Jersey's child care subsidy program to cover families earning up to 300% of the federal poverty level (approximately $83,250 for a family of four in 2022), up from the current 200% limit ($55,500 for a family of four). It requires the state to establish at least four income tiers for determining eligibility and co-payment amounts, and appropriates necessary funds from the General Fund for implementation. The bill also ensures subsidy rates for child care - especially for school-aged children during school breaks - do not fall below pandemic-era levels ($83,250 for a family of four in 2022). This directly affects low- and moderate-income families with children under 13 who need subsidized child care services.