S.Amdt. 1940Senate116th Congress (2019-2021)
S.Amdt. 1940
Sponsored by
Sen. Jacky Rosen (D-NV)
Submitted June 25, 2020
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Senate amendment submitted
June 25, 2020
Text
Submitted
SA 1940. Ms. ROSEN (for herself and Ms. Ernst) submitted an amendment intended to be proposed by her to the bill S. 4049, to authorize appropriations for fiscal year 2021 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes; which was ordered to lie on the table; as follows: At the appropriate place, insert the following: [[Page S3417]] SEC. ___. SMALL BUSINESS LOANS FOR NONPROFIT CHILD CARE PROVIDERS. Section 3(a) of the Small Business Act (15 U.S.C. 632(a)) is amended by adding at the end the following: ``(10) Nonprofit child care providers.-- ``(A) Definition.--In this paragraph, the term `covered nonprofit child care provider' means an organization-- ``(i) that-- ``(I) is in compliance with licensing requirements for child care providers of the State in which the organization is located; ``(II) is described in section 501(c)(3) of the Internal Revenue Code of 1986 and exempt from tax under section 501(a) of such Code; and ``(III) is primarily engaged in providing child care for children from birth to compulsory school age; ``(ii) for which each employee and regular volunteer complies with the criminal background check requirements under section 658H(b) of the Child Care and Development Block Grant Act of 1990 (42 U.S.C. 9858f(b)); and ``(iii) that may-- ``(I) provide care for school-age children outside of school hours or outside of the school year; or ``(II) offer preschool or prekindergarten educational programs. ``(B) Eligibility for loan programs.--Notwithstanding any other provision of this subsection, a covered nonprofit child care provider shall be deemed to be a small business concern for purposes of any program under this Act or the Small Business Investment Act of 1958 (15 U.S.C. 661 et seq.) under which-- ``(i) the Administrator may make loans to small business concerns; ``(ii) the Administrator may guarantee timely payment of loans to small business concerns; or ``(iii) the recipient of a loan made or guaranteed by the Administrator may make loans to small business concerns.''. ______