Relating to use and operation of the childcare protection and enhancement fund.

SB 1739 establishes rules for managing the Childcare Protection and Enhancement Fund, created under the Texas Constitution. The fund, held by the Texas Treasury Safekeeping Trust Company, must use its interest earnings annually to expand childcare capacity and increase subsidized rates for low-income families. Key provisions prohibit using fund money for salaries, agency operations, or administrative costs, and require audits of all expenditures. The bill takes effect only if voters approve a related constitutional amendment in 2025.