@babydom-As I understand it, any children in your care before Dec 4/14 will have until Jan1/16 and be grandfathered so that they may turn 2. So technically you could have 3 or 4 one year olds at one time, depending if some started last fall, and some started after the bill passed.
This needs to be clarified, as many providers think they could take on 3 new one year olds(after dec 4), as long as they are 2 by proclamation.