Building Child Care for a Better Future Act

This bill increases funding for child care programs by authorizing $10 billion for fiscal year 2024 and subsequent years with annual increases tied to inflation. It creates new $5 billion annual grants specifically to improve child care workforce, supply, quality, and access in underserved areas, requiring states, territories, and Indian Tribes to use these funds for specific activities like workforce development, facility improvements, and expanding services for vulnerable children. The bill mandates recipients to prioritize services for dual language learners, children with disabilities, rural communities, and low-income families, while requiring detailed reporting on how funds are used and their impact on child care access and quality. It directly affects low-income families relying on child care assistance, child care providers, and the states and tribes administering these programs. The bill takes effect on October 1, 2023.