Here is the news release. A snippet:

The early childhood education proposal is a 10-year initiative to expand and improve early learning opportunities for children across the birth to age 5 continuum. The bill would fund preschool for 4-year old children from families earning below 200% of the federal poverty level, and encourage states to spend their own funds to support preschool for young children with family incomes above that income level. The legislation would establish a new federal-state partnership with formula funding for 4-year old preschool, with a state match, to all eligible states, based on each state’s proportion of 4-year olds under 200% of the federal poverty level. States would provide sub-grants to high-quality, local providers, including school districts and community-based providers, such as child care and Head Start programs. The bill also authorizes a new Early Head Start partnership with child care to improve the quality of care for infants and toddlers.