[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[S. 1002 Introduced in Senate (IS)]
111th CONGRESS
1st Session
S. 1002
To provide for the acquisition, construction, renovation, and
improvement of child care facilities, and for other purposes.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
May 7, 2009
Mr. Casey (for himself and Mrs. Lincoln) introduced the following bill;
which was read twice and referred to the Committee on Health,
Education, Labor, and Pensions
_______________________________________________________________________
A BILL
To provide for the acquisition, construction, renovation, and
improvement of child care facilities, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Child Care Facilities Financing Act
of 2009''.
SEC. 2. DEFINITIONS.
In this Act:
(1) Child care facility.--The term ``child care facility''
means a structure used for the care and development of eligible
children.
(2) Child care services.--The term ``child care services''
means child care and early childhood education.
(3) Community development financial institution.--The term
``community development financial institution'' has the meaning
given such term in section 103(5) of the Community Development
Banking and Financial Institutions Act of 1994 (12 U.S.C.
4702(5)).
(4) Eligible child.--The term ``eligible child'' has the
meaning given such term in section 658P of the Child Care and
Development Block Grant Act of 1990 (42 U.S.C. 9858n).
(5) Eligible child care provider.--The term ``eligible
child care provider'' means--
(A) an eligible child care provider as defined in
section 658P of the Child Care and Development Block
Grant Act of 1990 (42 U.S.C. 9858n); or
(B) a Head Start center under the Head Start Act
(42 U.S.C. 9831 et seq.).
(6) Eligible entity.--The term ``eligible entity'' means--
(A) a community development financial institution
certified by the Department of the Treasury; or
(B) an organization that--
(i) is described in section 501(c)(3) of
the Internal Revenue Code of 1986;
(ii) is exempt from taxation under section
501(a) of such Code; and
(iii) has demonstrated experience in--
(I) providing technical or
financial assistance for the
acquisition, construction, renovation,
or improvement of child care
facilities;
(II) providing technical,
financial, or managerial assistance to
eligible child care providers; and
(III) securing private sources of
capital financing for child care or
other low-income community development.
(7) Eligible recipient.--The term ``eligible recipient''
means--
(A) an eligible child care provider that provides
child care services to an eligible child;
(B) an organization seeking to provide child care
services to an eligible child; or
(C) an organization providing or seeking to provide
child care services to low-income children as
determined by the Secretary.
(8) Equipment.--The term ``equipment'' includes--
(A) machinery, utilities, and built-in equipment,
and any necessary structure to house the machinery,
utilities, and equipment; and
(B) any other items necessary for the functioning
of a child care facility, including furniture, books,
and program materials.
(9) Metropolitan area.--The term ``metropolitan area'' has
the meaning given such term in section 102 of the Housing and
Community Development Act of 1974 (42 U.S.C. 5302).
(10) Secretary.--The term ``Secretary'' means the Secretary
of Health and Human Services.
SEC. 3. TECHNICAL AND FINANCIAL ASSISTANCE GRANTS.
(a) Grant Authority.--The Secretary may make grants, on a
competitive basis, to eligible entities to enable the eligible entities
to carry out the authorized activities described in subsection (d) in
accordance with this section.
(b) Requirement.--In making grants under subsection (a), the
Secretary shall take into account the experience and success of
eligible entities in attracting private financing and carrying out the
types of activities for which grants under subsection (a) are made.
(c) Priority.--In making grants under subsection (a), the Secretary
shall give priority to an eligible entity--
(1) that has demonstrated experience--
(A) providing technical or financial assistance for
the acquisition, construction, renovation, or
improvement of child care facilities;
(B) providing technical, financial, or managerial
assistance to eligible child care providers; and
(C) securing private sources of capital financing
for child care or other low-income community
development; and
(2) whose application proposes to assist eligible
recipients that serve--
(A) low-income areas, including--
(i) a community that--
(I) is in a metropolitan area; and
(II) has a median household income
that is not more than 80 percent of the
median household income of the
metropolitan area; or
(ii) a community that--
(I) is not in a metropolitan area;
and
(II) has a median income that is
not more than 80 percent of the median
household income of the State in which
the community is located; or
(B) individuals, including eligible children, from
families with incomes at or below 200 percent of the
poverty line (as defined by the Office of Management
and Budget and revised annually in accordance with
section 673(2) of the Community Services Block Grant
Act (42 U.S.C. 9902(2))) applicable to a family of the
size involved.
(d) Authorized Activities.--
(1) Capital fund.--Each eligible entity that receives a
grant under subsection (a) shall deposit the grant amount into
a child care capital fund established by the eligible entity.
(2) Payments from funds.--Each eligible entity shall
provide technical or financial assistance (in the form of
loans, grants, investments, guarantees, interest subsidies, and
other appropriate forms of assistance) to eligible recipients
from the child care capital fund the eligible entity
establishes to pay for--
(A) the acquisition, construction, renovation, or
improvement of child care facilities;
(B) equipment for child care facilities; or
(C) the provision of technical assistance to
eligible child care providers to help the eligible
child care providers undertake facilities improvement
and expansion projects.
(3) Loan repayments and investment proceeds.--An eligible
entity that receives a loan repayment or investment proceeds
from an eligible recipient shall deposit such repayment or
proceeds into the child care capital fund of the eligible
entity for use in accordance with this section.
(e) Applications.--
(1) Eligible entities.--To be eligible to receive a grant
under subsection (a), an eligible entity shall submit an
application to the Secretary at such time, in such form, and
containing such information as the Secretary may require.
(2) Eligible recipients.--To obtain assistance from an
eligible entity under this section, an eligible recipient shall
prepare and submit an application to the eligible entity at
such time, in such form, and containing such information as the
eligible entity may require.
SEC. 4. AUTHORIZATION OF APPROPRIATIONS.
There is authorized to be appropriated to carry out this section
$50,000,000 for each of the fiscal years 2010 through 2014.
<all>