PROSPECT Act

Preparing and Resourcing Our Student Parents and Early Childhood Teachers Act or the PROSPECT Act

This bill establishes various grant programs to increase the supply of, and access to, high-quality, early-childhood care. Specifically, grants are established for

• planning and developing expanded access to free infant and toddler child care for student parents attending community college or minority-serving institutions;
• providing free infant and toddler child care to such student parents, including developing on-campus child care centers that meet specified requirements;
• training, mentorships, and technical support to community child care agencies and the professional development of licensed and unlicensed child care professionals; and
  
• increasing the workforce pipeline of high-quality infant and toddler child care providers, particularly in locations with a low supply of affordable care.

The bill also revises the formula for providing federal matching funds to states providing child care assistance.

Further, the bill requires the Department of Education’s college cost calculator to include information about the dependent care allowance with respect to the cost of attendance and financial aid.

The PROSPECT Act, also known as Bill 118 hr 1630, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to promote research and development in the field of renewable energy sources, with a focus on geothermal energy.

The bill aims to establish a program within the Department of Energy that will provide grants to support research and development projects related to geothermal energy. These grants will be awarded to universities, research institutions, and private companies that are working on innovative technologies to harness geothermal energy for electricity generation and other uses.

In addition to funding research projects, the PROSPECT Act also includes provisions to streamline the permitting process for geothermal energy projects on federal lands. This is intended to encourage more investment in geothermal energy development and help the United States reduce its reliance on fossil fuels. Overall, the PROSPECT Act is aimed at promoting the growth of the geothermal energy industry in the United States and advancing the country's transition to a more sustainable and environmentally friendly energy system.