HOUSE BILL REPORT
HB
1808
As Reported By House Committee on:
Trade & Economic Development
Title: An act relating to child care facility fund.
Brief Description: Pertaining to the child care facility fund.
Sponsor(s): 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 Development.
Brief History:
Reported by House Committee on:
Trade & Economic Development, March 1, 1991, DPS.
HOUSE COMMITTEE ON
TRADE & ECONOMIC DEVELOPMENT
Majority Report: That Substitute House Bill No. 1808 be substituted therefor, and the substitute bill do pass. Signed by 11 members: Representatives Cantwell, Chair; Sheldon, Vice Chair; Forner, Ranking Minority Member; Betrozoff, Assistant Ranking Minority Member; Ferguson; Kremen; Ludwig; Moyer; Rasmussen; Riley; and Roland.
Staff: Charlie Gavigan (786-7340).
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 of Substitute Bill: The Child Care Facility Fund becomes a revolving loan fund.
Substitute Bill Compared to Original Bill: Authorization to pay for administrative expenses from the Child Care Facility Fund is removed.
Fiscal Note: Requested February 14, 1991.
Effective Date of Substitute Bill: Ninety days after adjournment of session in which bill is passed.
Testimony For: This allows the loan repayments to be added to the fund and used without specific appropriations. There are no funds currently in the department's budget for administrative expenses.
Testimony Against: None.
Witnesses: Representative Jesse Wineberry; David Dougherty, Department of Trade and Economic Development (supports); Beryl Cheal, Department of Trade and Economic Development (supports); Lonnie Johns Brown, National Organization for Women (supports); and Margie Reeves, Washington Association for Education of Children (supports).