S.Amdt. 4419Senate117th Congress (2021-2023)2nd degree

S.Amdt. 4419

Submitted November 4, 2021

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Senate amendment submitted

November 4, 2021

Text

Submitted

SA 4419. Ms. ROSEN (for herself, Ms. Ernst, Ms. Duckworth, and Mr.
Rubio) submitted an amendment intended to be proposed to amendment SA
3867 submitted by Mr. Reed and intended to be proposed to the bill H.R.
4350, to authorize appropriations for fiscal year 2022 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 end of subtitle D of title VIII, add the following:

SEC. 844. 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.''.
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