Bill > S06039

This bill establishes the "Childcare and Early Education Sector on the Economy Act" to comprehensively study the economic impact of childcare and early education programs in New York State. The bill requires the state economic development department to conduct an in-depth analysis of the childcare sector, covering various aspects such as employment and economic metrics, workforce participation enablement, and long-term societal benefits. The study will examine details like the number of workers in childcare facilities, gross industry receipts, federal funding, how childcare enables parents to work and attend educational programs, and the potential economic returns of closing gaps in childcare availability. Additionally, the research will review literature on the long-term impacts of early education, including children's future workforce contributions, school readiness, likelihood of high school graduation, potential reductions in public spending related to special education, criminal justice involvement, and public assistance. The study will cover programs for children aged 0-4 and after-school programs for children aged 5-12, and the department is required to submit a report to the governor and legislature by January 1, 2027. The bill recognizes the critical need for reliable, objective information about the economic benefits and potential burdens of investing in expanded childcare and early education programs.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/S6039