HR 5291
107th Congress
House
Housing and Community Development
Advice and consent of the Senate
Aid to dependent children
Building laws
Cash welfare block grants
Child development
Child safety
Congress
Congressional reporting requirements
Day care
Depressed areas
Economics and Public Finance
Education
Elementary and secondary education
Emergency Management
Energy
Equipment and supplies
Families
Federal advisory bodies
Federal aid to day care centers
Children's Development Commission Act (Kiddie Mac)
Introduced: July 26, 2002
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 19, 2002
Referred to the Subcommittee on Housing and Community Opportunity.
Jul 29, 2002
Sponsor introductory remarks on measure. (CR E1427)
Jul 26, 2002
Referred to the House Committee on Financial Services.
Jul 26, 2002
Introduced in House
Plain-English summary
Children's Development Commission Act (Kiddie Mac) - Amends the National Housing Act to authorize the Secretary of Housing and Urban Development to insure mortgages for: (1) new or rehabilitated child care and development facilities, including mortgage insurance for fire safety equipment loans; and (2) purchase or refinance of existing child care and development facilities.
Establishes the Children's Development Commission (Kiddie Mac) which shall: (1) issue facility standards and compliance certifications; and (2) make loans not in excess of $50,000 for facility rehabilitation or renovation. Authorizes appropriations.
Directs the Secretary of the Treasury to conduct a study of the availability of child care facility secondary mortgage markets.
What's happening now
Referred to the Subcommittee on Housing and Community Opportunity.
Committees of jurisdiction
2
Cosponsors
1