To allow nonprofit child care providers to participate in certain loan programs of the Small Business Administration, and for other purposes.
Sponsors
Legislative Progress
ReportedReported by Mr. Cardin, without amendment
Reported by Mr. Cardin, without amendment
Reported by Mr. Cardin, without amendment
Ms. Rosen (for herself, Ms. Ernst, Ms. Duckworth, Mr. Rubio, …
Ms. Rosen (for herself, Ms. Ernst, Ms. Duckworth, Mr. Rubio, …
Ms. Rosen (for herself, Ms. Ernst, Ms. Duckworth, Mr. Rubio, …
Summary
What This Bill Does
Allows licensed nonprofit child care providers to qualify as small business concerns for SBA loans. Opens 7(a) loans and other financing to nonprofit child care.
Who Benefits and How
Nonprofit child care centers gain access to SBA financing. Child care availability expands with capital access. Working families benefit from more child care options.
Who Bears the Burden and How
SBA administers loans to new nonprofit category. Providers must meet licensing and background check requirements. Must certify non-discrimination.
Key Provisions
- Deems nonprofit child care as small business concerns for SBA loans
- Requires state licensing and background checks
- Prohibits discrimination based on protected characteristics
Evidence Chain:
This summary is derived from the structured analysis below. See "Detailed Analysis" for per-title beneficiaries/burden bearers with clause-level evidence links.
Primary Purpose
Allows nonprofit child care providers to access SBA loans
Policy Domains
Legislative Strategy
"Expand SBA financing to nonprofit child care"
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "administrator"
- → SBA Administrator
Key Definitions
Terms defined in this bill
licensed 501(c)(3) primarily engaged in care for children birth to school age
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology