Bill > SB3852

This bill establishes a Child Care Solutions Pilot Program, administered by the Department of Commerce and Economic Opportunity, to provide grants to child care centers in up to 10 designated pilot communities across Illinois, with municipalities needing to apply by January 1, 2027, and the Department considering economic need and geographic diversity when selecting these communities. Funding for this program will come from the newly created Illinois Child Care Solutions Fund, which can accept private donations, and for every dollar donated privately, the State will contribute two dollars from the General Revenue Fund, up to a maximum of $3,000,000 in matching funds per state fiscal year. To encourage donations, the bill also creates an income tax credit for taxpayers equal to 75% of the amount they donate to the Illinois Child Care Solutions Fund, with any excess credit able to be carried forward for up to five years, and this provision takes effect immediately.

https://www.ilga.gov/Legislation/BillStatus?DocNum=3852&GAID=18&DocTypeID=SB&SessionID=114&GA=104