Childcare Subsidy Rate Increase and West Pilot.

SB 412 increases North Carolina's childcare subsidy rates to the 75th percentile of typical market rates starting July 2025, with an additional 10% boost for rural counties and infant/toddler care (birth to 3 years). It allocates $123.5 million annually for 2025-2027 to fund these rate increases for childcare centers and homes. The bill also provides $8 million for a two-year pilot program in western NC regions impacted by Hurricane Helene, managed by regional councils to recruit new childcare providers and establish mentorship for sustainability. The pilot will track new childcare centers, family homes, and slots created across five designated regions, with progress reports required for oversight.