Extends child care subsidies to families earning up to 300 percent of federal poverty level; appropriates funds.

This bill expands New Jersey's child care subsidy program to cover families with annual incomes up to 300% of the federal poverty level (currently $83,250 for a family of four), directly affecting working parents of children under age 13. It establishes four income tiers for eligibility and sliding-scale payments to licensed child care providers, ensuring subsidies don't drop below pandemic-era rates. The bill appropriates state funds for implementation and requires the state to seek federal matching funds. It replaces the previous 200% income cap, significantly broadening access to subsidized care for middle-income families.