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118-hr-10115Committee
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Child Care for Small Businesses Act

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Summary

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The Child Care for Small Businesses Act amends the Small Business Act and Small Business Investment Act to expand support for nonprofit child care providers. The bill makes nonprofit child care providers eligible for Small Business Administration loans and financing under the same terms as other small businesses, with reduced guarantee requirements for loans under $500,000. It also directs the SBA to provide business counseling and assistance through Small Business Development Centers and Women's Business Centers, requires publication of a child care resource guide, and mandates a report on for-profit child care providers' needs.

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Bill details

Congress
118
Bill type
hr
Introduced
November 12, 2024
Sponsor
Not yet available
Last action
November 12, 2024— Referred to the House Committee on Small Business.

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