Establishes five-year Tri-Share Child Care Pilot Program; appropriates $15 million.

This bill creates a five-year pilot program in New Jersey that helps working families pay for child care by splitting the cost three ways between the employer, the employee, and the state. Using $15 million in state funding, the program covers one-third of eligible child care expenses for approved participants who work for participating employers and do not already receive subsidized care. To manage the initiative, the state will select local partnerships in different regions to handle applications and distribute funds, with priority given to low- or moderate-income workers, essential employees, and public sector staff. The legislation also ensures that joining the program does not reduce any existing child care benefits an employer already provides.