This bill, titled the "Less Bureaucracy, Better Child Care for Student Parents Act," aims to consolidate the administration of child care access programs for low-income parents pursuing postsecondary education. Its primary provision is the transfer of all related functions from the Secretary of Education to the Secretary of Health and Human Services (HHS), specifically those under section 419N of the Higher Education Act of 1965. The legislation mandates the transfer of all associated personnel, assets, liabilities, contracts, records, and unexpended appropriations from the Department of Education to HHS. The Secretary of Health and Human Services will then exercise all authorities previously available to the Secretary of Education for these functions. The bill includes provisions to ensure the continuity of existing legal documents, proceedings, and applications during and after the transfer. Furthermore, the Director of the Office of Management and Budget (OMB) is tasked with overseeing the transfer process. OMB must ensure that the transfer does not result in a net increase in full-time equivalent employees across the affected federal agencies and can make necessary determinations regarding the transferred functions and incidental dispositions. The Act generally takes effect six months after enactment, with provisions for early implementation.