Wisconsin 2023-2024 Regular Session Status: To Executive 3 R cosponsors

SB 421 — Relating to: creating a child care center renovations loan program. (FE)

Last action — Failed to pass pursuant to Senate Joint Resolution 1

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed Assembly
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2023-2024 Regular Session. It reached “To Executive” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Bill Text

What changed in the latest version

65 added · 30 removed

Plain-language change summary

The recent amendments to SB 421 expand the eligibility for loans to child care providers, allowing those who are certified but not yet licensed to apply, which may help more child care facilities access funding. Additionally, the requirement to maintain enrollment within a year has now been applied to all types of child care providers, rather than just in-home ones. Lastly, applicants will now need to submit a business plan and a three-year financial forecast to prove they can repay the loan, and WEDC will have the ability to review the financial health of the provider three years after the loan is granted. These changes aim to ensure financial responsibility while making support accessible to a wider range of child care providers.

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- 2024 LEGISLATURE LRBa0492/1 MDE:skw SENATE AMENDMENT 1, TO SENATE SUBSTITUTE AMENDMENT 1, TO SENATE BILL 421 September 20, 2023 - Offered by SenatAMES .
- 2024 LEGISLATURE LRB-4248/1 MDE:wlj&cdc SENATE BILL 421 September 8, 2023 - Introduced by Senators JAMES, CABRAL-GUEVARA , TROEBEL and F ELZKOWSKI, cosponsored by Representatives HURD, GOEBEN, EDMING , G REEN, G UNDRUM , KRUG , M AGNAFIC, M ELOTIK, O C ONNOR, P ENTERMAN , PETERSEN , PETRYK, PLUMER , RODRIGUEZ , ROZAR, STEFFEN , SUMMERFIELD , SWEARINGEN , TRANEL, ARMSTRONG and W ICHGERS.
At the locations indicated, amend the substitute amendment as follows:
Referred to Committee on Mental Health, Substance Abuse Prevention, Children and Families.
1.
A N A CT to create 238.145 of the statutes;
Page 2, line 15:
relating to:
before “The corporation" insert “(a)".
creating a child care center renovations loan program.
2.
Analysis by the Legislative Reference Bureau This bill creates a child care center renovations revolving loan program, under which the Wisconsin Economic Development Corporation must award loans to licensed child care providers for the purpose of making renovations to their facilities.
Page 2, line 17:
Under the bill, 60 percent of the loans must go to in-home licensed child care providers, and 40 percent must go to licensed child care providers that are not in-home.
after that line insert:
An in-home child care provider may receive up to $30,000 per loan, and a licensed child care provider that is not in-home may receive up to $100,000 per loan.
“(b) The program established under this subsection shall not be subject to the restrictions under s.
The loans must be interest free.
238.124 (2).”.
An in-home child care provider must establish or maintain enrollment in the in-home child care facility within one year of receiving the loan.
3.
If enrollment is not established or maintained, the corporation may claw back the loan.
Page 3, line 14:
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
delete “$100,000" and substitute “$95,000".
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
4.
S ECTION 1.
Page 3, line 16:
238.145 of the statutes is created to read:
after that line insert:
- 2024 Legislature - 2 - LRB-4248/1 MDE:wlj&cdc SENATE BILL 421 S ECTION 1 238.145 Child care center renovations revolving loan fund and program.
“(dm) The corporation shall determine the repayment terms of a loan awarded under this subsection and shall secure the loan with collateral or a personal guaranty.”.
(1) E STABLISHMENT OF FUND.
LRBa0492/1 - 2024 Legislature - 2 - MDE:skw 5.
(a) The corporation shall establish a child care center renovations revolving loan fund, for the purpose of providing loans under sub.
Page 3, line 17:
(3).
delete “(e) A child care provider who" and substitute “(e) 1.
(b) All moneys appropriated to the corporation for child care providers in the 2024-25 fiscal biennium shall be credited to the fund.
A child care provider who is licensed under s.
(c) All moneys received as repayments of loans awarded under sub.
48.65 or certified under s.
(3) shall be credited to the fund.
48.651 at the time that the child care provider".
(2) ESTABLISHMENT OF CHILD CARE CENTER RENOVATIONS REVOLVING LOAN PROGRAM.
6.
The corporation shall establish and administer a child care center renovations revolving loan program for the purpose of awarding loans to licensed child care providers under sub.
Page 3, line 21:
(3).
after that line insert:
(3) LOAN REQUIREMENTS.
“2.
(a) From the child care center renovations revolving loan fund, the corporation shall award loans to licensed child care providers for renovations of licensed child care facilities.
A child care provider who is not licensed under s.
(b) Of the loan funding awarded to child care providers under this subsection, the corporation shall award 60 percent to in-home licensed child care providers and 40 percent to licensed child care providers that are not in-home.
48.65 or certified under s.
(c) No loan awarded under this subsection to an in-home licensed child care provider may exceed $30,000.
48.651 at the time that the child care provider receives a loan under this subsection shall, within 2 years of receiving the loan, establish and maintain enrollment of nonrelative children in the child care provider's child care facility.
No loan awarded under this subsection to a licensed child care provider that is not in-home may exceed $100,000.
If enrollment is not established or maintained, the corporation shall terminate the loan agreement and the child care provider shall immediately repay the outstanding balance of the loan.”.
(d) The corporation shall charge no interest on a loan awarded under this subsection.
(e) An in-home child care provider who receives a loan under this subsection shall, within one year of receiving the loan, establish or maintain enrollment in the LRB-4248/1 - 2024 Legislature - 3 - MDE:wlj&cdc SECTION 1 SENATE BILL 421 child care provider's in-home child care facility.
If enrollment is not established or maintained, the corporation shall terminate the loan agreement and the child care provider shall be liable to the corporation for the amount awarded.
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Action History

  1. Failed to pass pursuant to Senate Joint Resolution 1

  2. Representative Emerson added as a cosponsor

  3. Available for scheduling

  4. Report passage as amended recommended by Committee on Mental Health, Substance Abuse Prevention, Children and Families, Ayes 3, Noes 2

  5. Report adoption of Senate Substitute Amendment 1 recommended by Committee on Mental Health, Substance Abuse Prevention, Children and Families, Ayes 5, Noes 0

  6. Report adoption of Senate Amendment 1 to Senate Substitute Amendment 1 recommended by Committee on Mental Health, Substance Abuse Prevention, Children and Families, Ayes 5, Noes 0

  7. Public hearing held

  8. Senate Amendment 1 to Senate Substitute Amendment 1 offered by Senator James

  9. Senate Substitute Amendment 1 offered by Senator James

  10. Fiscal estimate received

  11. Fiscal estimate received

  12. LRB correction

  13. Representative Kitchens added as a cosponsor

  14. Read first time and referred to Committee on Mental Health, Substance Abuse Prevention, Children and Families

  15. Introduced by Senators James, Cabral-Guevara, Stroebel and Felzkowski; cosponsored by Representatives Hurd, Goeben, Edming, Green, Gundrum, Krug, Magnafici, Melotik, O'Connor, Penterman, Petersen, Petryk, Plumer, Rodriguez, Rozar, Steffen, Summerfield, Swearingen, Tranel, Armstrong and Wichgers

Sponsors

Sponsorship breakdown

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4 sponsors · 0 co-sponsors · 128 not signed on

Sponsors (4)

Co-sponsors (0)

None.

Not signed on (128)

128 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Frequently asked questions

Who sponsors SB 421?
SB 421 is sponsored by James, Jesse (Republican), Cabral-Guevara, Rachael (Republican), Stroebel, and Felzkowski, Mary (Republican).
What is the current status of SB 421?
This bill died with 2023-2024 Regular Session. It reached “To Executive” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 421?
Track SB 421 free on One Click Politics — get push/email alerts when it moves.

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