SENATE BILL REPORT

                                   ESHB 1808

                              AS OF APRIL 1, 1991

Brief Description:  Pertaining to the child care facility fund.

SPONSORS:House Committee on Trade & Economic Development (originally sponsored by Representatives Wineberry, Miller, Wood, Belcher, Rasmussen, Forner, H. Myers, R. King, Silver, Leonard, Fraser, Winsley, Phillips and Mitchell; by request of Dept. of Trade and Economic Developmt).

HOUSE COMMITTEE ON TRADE & ECONOMIC DEVELOPMENT

HOUSE COMMITTEE ON APPROPRIATIONS

SENATE COMMITTEE ON COMMERCE & LABOR

Staff:  Jonathan Seib (786‑7427)

Hearing Dates:April 2, 1991

BACKGROUND:

The child care facility fund was established in 1989.  The fund makes one-time loans, grants, or loan guarantees to individuals, businesses, and other organizations to start or expand a licensed child care facility.  The loans, grants, or loan guarantees cannot exceed $25,000.

The child care facility fund is administered by the Department of Trade and Economic Development's Business Assistance Center through a five-member committee.

SUMMARY:

The child care facility fund becomes a revolving loan fund.  An employee organization may apply to the child care facility fund for loans, grants, or loan guarantees.  The employee organization must apply jointly with the employer.

Appropriation:  none

Revenue:  none

Fiscal Note:  available