Small Business Child Care Investment Act

4/11/2024, 8:08 AM

Small Business Child Care Investment Act

This bill deems certain nonprofit child care providers to be small business concerns so that they may participate in specified loan programs administered by the Small Business Administration (e.g., the 7(a) loan program).

Congress
118
Number
S - 673
Introduced on
2023-03-07
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

7/25/2023
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Small Business Child Care Investment Act

This bill deems certain nonprofit child care providers to be small business concerns so that they may participate in specified loan programs administered by the Small Business Administration (e.g., the 7(a) loan program).

Alternative Names
Official Title as IntroducedA bill to allow nonprofit child care providers to participate in certain loan programs of the Small Business Administration, and for other purposes.
Policy Areas
Commerce
Potential Impact
Child care and development•
Elementary and secondary education•
Government lending and loan guarantees•
Preschool education•
Small business•
Social work, volunteer service, charitable organizations•
Tax-exempt organizations

Comments

Related

Bill Update Alert:  Small Business Child Care Investment Act

Recent Activity

Latest Summary10/10/2023

Small Business Child Care Investment Act

This bill deems certain nonprofit child care providers to be small business concerns so that they may participate in specified loan programs administered by the Small Business Administration ...

Latest Action4/10/2024
Committee on Small Business and Entrepreneurship. Hearings held.