Legislation
- Title
- Child Care Capital Support Revolving Loan Fund - Established
- Sponsored by
- Senator King
- Status
- In the House - First Reading House Rules and Executive Nominations
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Establishing the Child Care Capital Support Revolving Loan Fund as a special, nonlapsing fund to provide no-interest loans for capital expenses related to a child care facility to child care providers who participate in the Child Care Scholarship Program; requiring interest earnings of the Fund to be credited to the Fund; requiring the Department of Commerce to administer the Fund with support from the State Department of Education; and requiring the Department of Commerce to publicize the availability of loans from the Fund.
Committees
Committee Testimony
Details
Cross-filed with: HB0993
Bill File Type: Regular
Effective Date(s): July 1, 2022
Bill imposes a mandated appropriation in the annual State Budget Bill
History
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File Code
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Subjects
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Statutes
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(
9.5-113.1 )
(
6-226 )
Last Updated: 7/8/2022 3:09 PM