Small Business Child Care Investment Act
Summary
The Small Business Child Care Investment Act (S. 673) would allow non-profit child care providers to access the same federal low-interest loans and financial resources currently available to for-profit small businesses through the Small Business Administration (SBA). By qualifying for programs like the SBA 7(a) and 504 loan programs, these non-profit centers could use federal funding to expand their facilities, hire more staff, and improve their equipment. For families, this bill aims to increase the availability of affordable, high-quality child care options by helping local non-profit providers stay financially sustainable and grow to meet community needs.
AI-generated summary
Lifecycle of the Bill
Committee on Indian Affairs. Ordered to be reported without amendment favorably.
Mar 5, 2025
Committee on Indian Affairs. Reported by Senator Murkowski without amendment. With written report No. 119-90.
Oct 28, 2025
Committee on Indian Affairs. Reported by Senator Murkowski without amendment. With written report No. 119-90.
Oct 28, 2025
