Emergency Child Care Lending for the Gulf Coast Act of 2006
Last action on Dec 6, 2006Referred to the House Committee on Small Business.
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Summary
Emergency Child Care Lending for the Gulf Coast Act of 2006 - Authorizes the proceeds of a loan for plant acquisition, construction, conversion, or expansion under the Small Business Investment Act of 1958 to be used by the certified development company to provide loans to small, nonprofit child care businesses that have a track record of providing such services in the presidentially declared disaster areas in the Gulf Coast region.
Limits to 3% the amount of the total number of such loans guaranteed in FY2007-FY2008 that may be awarded for the program under this Act. Terminates such program after December 30, 2007.
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