To amend the Internal Revenue Code of 1986 to establish the Early Childhood Education Trust Fund consisting of amounts paid for the estate tax and made available to fund child care services, and for other purposes.

# Summary of HR 4330 **What the Bill Would Do** This bill proposes creating a new "Early Childhood Education Trust Fund" that would be funded by money collected from the federal estate tax (a tax on the transfer of wealth when someone passes away). The revenue generated would be dedicated to paying for child care services. Essentially, it would redirect a portion of estate tax revenue toward expanding access to child care. **Who It Affects** The bill would primarily affect families with young children seeking affordable child care, as well as estates large enough to be subject to federal estate taxes (currently only the wealthiest estates).

Families below the estate tax threshold would not directly fund the initiative, while those above it would contribute through the existing estate tax system. **Current Status** HR 4330 is currently in committee, meaning it has been introduced but has not yet been voted on by the full House of Representatives. It was sponsored by Representative Sara Jacobs (D-California). Like most bills in committee, its future passage is uncertain and would require committee approval followed by full congressional support to become law.