PlainBillCongress, translated.Legislation. Context. Public interest.Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S3512-3513)
Congressional Research Service
Version 00 · Introduced in Senate · Apr 25, 2006
Child Care Lending Pilot Act of 2006 - Amends the Small Business Investment Act of 1958 to allow proceeds of loans made through the Small Business Administration (SBA) to be used by certified local development companies to assist a small, nonprofit child care business (business) if: (1) the loan is used for a sound business purpose approved by the SBA; (2) each business meets eligibility requirements applicable to for-profit businesses; (3) one or more individuals has personally guaranteed the loan; (4) each business has clear title to the collateral for the loan; and (5) each business has sufficient cash flow to meet loan obligations and reasonable operating expenses. Prohibits more than seven percent of the total number of loans guaranteed in any fiscal year for certified development companies from being awarded under such program. Allows such assistance through FY2009.
People & committees
Sen. Kerry, John F. [D-MA] · D–MA
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S3512-3513)
Sponsor introductory remarks on measure. (CR S3511-3512)
Introduced in Senate
Primary sources
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Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.
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