Amends 42 U.S.C. 9858i(a) by modifying the introductory wording of paragraph (2), updating two internal cross-references (changing citations from section 658P(6) and 658P(6)(B) to section 658A(7) and 658A(7)(B)), and adding a new paragraph (3) that requires additional State reports (information on percentage of income families spend on child care, a 5-year feasibility study, a 10-year progress analysis on specified indicators) and requires the Secretary to report to specified congressional committees on the information submitted by States.

Makes multiple amendments to subsection (c) governing waivers of the income requirement: revises duration language, redesignates subparagraphs, adds a new condition that the State must have a specified maximum income standard on the date of request and be requesting to raise it, requires additional information in waiver applications, establishes specific renewal procedures and limits (including a 3-year maximum renewal and a 30-day notice requirement), and adds a provision preventing waivers from being construed to deny or limit access or increase copayments for eligible children below the maximum income and asset limits.

Makes multiple textual and substantive amendments to subsection (c) of 42 U.S.C. 9858c (State plan requirements), including revisions to various subparagraphs (replacing wording such as 'a child' with 'an eligible child'), changes to priority populations language, additions requiring State review of health and safety requirements, requirements to support child care business technical assistance and coordination with SBA and USDA programs, addition of plan benchmarks, and establishment of requirements for States to develop and use a statistically valid cost estimation model and associated timing and review provisions; adds a 'No Federal control' provision limiting the Secretary's ability to require a particular cost model while permitting guidance.

Replaces the existing authorization of appropriations that specified dollar amounts for fiscal years 2015–2020 with a provision authorizing such sums as may be necessary for each of fiscal years 2026 through 2030 to carry out the subchapter (other than section 658T).

Amends the definitions section formerly codified at 42 U.S.C. 9858n (section 658P of the Child Care and Development Block Grant Act of 1990): redesignates multiple paragraph numbers; replaces paragraph (4) with a new, expanded definition of "eligible activity" listing subitems (A)–(K); revises the "eligible child" definition (income and assets language and new residency/eligibility categories); modifies the family child care provider definition; adds a definition of "homeless child" by reference to McKinney-Vento; adds a definition for "mixed delivery system"; revises the Indian Tribe/Tribal organization definitions; and adds other conforming editorial changes and redesignations.

Redesignates and relocates provisions within the Child Care and Development Block Grant Act: redesignates section 658P as section 658A and moves the redesignated section to follow section 658 (as redesignated by another provision of the bill).

Amends subsection (a) of 42 U.S.C. 9858e by (1) adding a sentence to paragraph (1) requiring States to include activities to develop and expand initiatives to assist child care providers in recruiting, training, and retaining a qualified child care workforce, (2) replacing subparagraph (A) of paragraph (2) with a single requirement to reserve not less than 9 percent of the described funds for each fiscal year, and (3) altering the timing language in subparagraph (B) by striking a phrase beginning 'received not later' and inserting 'succeeding full fiscal year.'

Replaces paragraph (2) of subsection (b) to expand and specify parties with whom the lead agency must meaningfully consult in developing the State plan.

Amends subsection (a) of 42 U.S.C. 9858m by replacing occurrences of the phrase "this subchapter" with the specific citation "section 658B" in paragraphs (1), (3), and (4), and replacing the first occurrence of that phrase in paragraph (5).

Amends 42 U.S.C. 9858j(a) by striking the words 'Not later' and all that follows through and inserting 'the Secretary shall'.