How S 273 changes current law

Compared against current U.S. Code AI-generated reading aid — verify against the official bill.

The bill allows nonprofit child care providers to participate in Small Business Administration loan programs as eligible small business concerns.

• 15 U.S.C. 632(a)

  (10) Nonprofit child care providers.--...

  It establishes a new classification for nonprofit child care providers as eligible for small business loans.

• 15 U.S.C. 696

  The Administration → (a) In General.--The Administration

  It clarifies the introductory sentence to specify that the following provisions are under a general heading.

• 15 U.S.C. 696

  (b) Nonprofit Child Care Providers.--...

  It adds provisions for nonprofit child care providers regarding eligibility for loan programs.