Creates emergency closure prevention fund for child care programs at risk of closure; appropriates $10 million.

This bill establishes a $10 million emergency fund within the New Jersey Department of the Treasury to help licensed and registered child care programs avoid closure due to significant drops in enrollment. To access these funds, providers must demonstrate a decrease of at least 30 percent in their student numbers compared to the previous year and submit an application for assistance. The State Treasurer will manage the fund and release money on a rolling basis, with a maximum grant of $60,000 per provider per calendar year, while also allowing for the inclusion of available federal funding sources.