Increases the employer-provided child care tax credit by raising the percentage used to compute the credit, creating larger rates for small businesses and for child care facilities in certain areas, and adding annual dollar caps on both the credit and qualifying expenditures. It also directs Treasury to issue guidance (including on multi-employer facilities), requires a public awareness campaign to inform eligible taxpayers how to claim the credit, and directs the GAO to report on state and local child care rules and barriers to multi‑state providers.

The changes take effect for taxable years beginning after enactment and are meant to expand employer support for child care, make the credit easier to use across multi‑employer or multi‑state arrangements, and identify ways to reduce regulatory barriers while preserving safety and quality.