Establishes child care stabilization and operation grant program in DHS.

This bill creates a new grant program within the Department of Human Services to provide financial support to licensed child care centers and family day care homes in New Jersey. The program aims to help providers cover operating expenses and workforce needs, particularly those facing challenges such as facility closures, high numbers of low-income families, or revenue losses from the state's preschool expansion. To receive funding, providers must apply and meet specific criteria, with priority given to facilities in child care deserts, areas with many low-income families, and those impacted by recent policy changes. The bill establishes a dedicated fund to hold the money appropriated for these grants, ensuring resources are available to stabilize the child care industry.