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Senate bill would create $150 million endowment to finance long‑term early childhood investments
Summary
Senate Bill 565 would establish a Montana Endowment for Early Childhood with a $150 million initial investment; interest would fund workforce development, technical assistance, affordability initiatives and after‑school programs. Business groups and childcare advocates supported the bill, emphasizing economic and workforce benefits.
Senator Laura Smith introduced Senate Bill 565 to create a Montana Endowment for Early Childhood funded with an initial $150 million deposit; the bill would use the endowment interest to support childcare workforce development, technical assistance, recruitment and retention grants, affordability initiatives and expansion of licensed after‑school care.
Proponents included 0 to 5 Montana, the Missoula…
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