Welsh Labour and Plaid Cymru's executive committees have approved a co-operation agreement between the two parties at the Senedd.
The final hurdle for the deal to be passed will be the support of Plaid Cymru members. If the deal is supported, it is expected that it will be published tomorrow.
According to Darren Williams, a member of Labour's executive committee, policies in the agreement include:
Moves to establish rent controls
The extension of free school meals to all primary school pupils
Childcare for all two-year-olds
The creation of a National Care Service
Limits on second home ownership
A replacement for council tax
The creation of a publicly-owned construction company and an energy company
Changes to the Senedd’s size and electoral system, including a statutory guarantee of gender balance
Measures to promote the Welsh language
BBC Wales has reported that the deal also includes a commitment to "explore the creation of a shadow Broadcasting and Communications Authority for Wales, to address our concerns about the current fragility in the media and attacks on its independence".
It has been told that "This body would support the use of the Welsh language, particularly in digital and encourage media plurality.
First Minister Mark Drakeford said that the agreement "could provide political stability for the duration of the Senedd term and enable Labour to get its programme through."
He also said that the content of the agreement is "entirely in keeping with Labour’s principles."