New Jersey 2024 2024-2025 Regular Session

New Jersey Senate Bill S2344 Comm Sub / Analysis

                    ASSEMBLY BUDGET COMMITTEE 
 
STATEMENT TO  
 
SENATE, No. 2344  
 
STATE OF NEW JERSEY 
 
DATED:  JUNE 26, 2024 
 
 The Assembly Budget Committee reports favorably Senate Bill 
No. 2344. 
 As reported, this bill amends the Child Care Revitalization Act, 
P.L.2021, c.144, to remove language requiring that the $54.5 million 
of federal resources, appropriated under the act for use by the New 
Jersey Economic Development Authority to provide facilities 
improvement grants to licensed child care providers, fund such grants 
for registered family child care homes. 
 The Child Care Revitalization Act appropriates federal funds, 
allocated to the State from the federal “Coronavirus State Fiscal 
Recovery Fund” established pursuant to the federal “American Rescue 
Plan Act”, Pub.L.117-2, as the funding stream for the child care 
facilities improvement grants. 
 The Economic Development Authority is currently developing a 
facilities improvement grant program, to be funded with State 
resources that have already been appropriated to the authority, for 
family child care providers.  Both the sponsor and the authority believe 
that a State-funded program will provide a less burdensome 
application, implementation, and compliance experience for family 
child care providers. 
 The initial phase of the Child Care Facilities Improvement Act 
provides grants, in an amount ranging from $50,000 to $200,000, for 
qualifying facilities improvement projects undertaken by child care 
centers licensed by the Department of Children and Families prior to 
June 4, 2021.  Family Child Care providers are not eligible for the first 
phase of the grant program. 
 As reported by the committee, Senate Bill No. 2344 is identical to 
Assembly Bill No. 3582, which was also reported by the committee on 
this date. 
 
FISCAL IMPACT: 
 Fiscal information for this bill is currently unavailable.