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

This bill creates a five-year pilot program in New Jersey that allows employers, employees, and the state to each pay one-third of the cost for licensed child care. The initiative is designed to make high-quality care more affordable for working families while helping businesses retain staff and stabilize child care providers. To participate, eligible employees must submit an application verifying their employment and family income, with priority given to low- or moderate-income workers, essential workers, and public sector employees. The state will provide $15 million in funding, which will be distributed evenly among up to five regional hubs selected to manage the program.