A BILL TO BE ENTITLED
AN ACT to appropriate funds for the child care subsidy program.
The General Assembly of North Carolina enacts:
SECTION 1.  There is appropriated from the General Fund to the Department of Health and Human Services, Division of Child Development, the sum of twenty‑six million seven hundred thousand dollars ($26,700,000) for the 2008‑2009 fiscal year. These funds shall be used to serve an additional 10,000 children currently on the child care subsidy waiting list.
SECTION 2.  There is appropriated from the General Fund to the Department of Health and Human Services, Division of Child Development, the sum of seventeen million two hundred thousand dollars ($17,200,000) for the 2008‑2009 fiscal year. These funds shall be used to adjust child care provider subsidy rates. The rate adjustment modifies the rates for child care providers in three‑, four‑, and five‑star facilities to one hundred percent (100%) of the 2007 Child Care Market Rate Study.
SECTION 3.  This act becomes effective July 1, 2008.