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2023 - 2024 LEGISLATURE
September 8, 2023 - 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. Referred to Committee on
Mental Health, Substance Abuse Prevention, Children and Families.
SB421,1,2 1An Act to create 238.145 of the statutes; relating to: creating a child care center
2renovations loan program.
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.
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. 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. The loans must be interest free. 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. If enrollment is not established or maintained, the corporation may claw
back the loan.
For further information see the state fiscal estimate, which will be printed as
an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
SB421,1 3Section 1. 238.145 of the statutes is created to read:
SB421,2,4
1238.145 Child care center renovations revolving loan fund and
2program.
(1) Establishment of fund. (a) The corporation shall establish a child
3care center renovations revolving loan fund, for the purpose of providing loans under
4sub. (3).
SB421,2,65 (b) All moneys appropriated to the corporation for child care providers in the
62024-25 fiscal biennium shall be credited to the fund.
SB421,2,87 (c) All moneys received as repayments of loans awarded under sub. (3) shall be
8credited to the fund.
SB421,2,12 9(2) Establishment of child care center renovations revolving loan program.
10The corporation shall establish and administer a child care center renovations
11revolving loan program for the purpose of awarding loans to licensed child care
12providers under sub. (3).
SB421,2,15 13(3) Loan requirements. (a) From the child care center renovations revolving
14loan fund, the corporation shall award loans to licensed child care providers for
15renovations of licensed child care facilities.
SB421,2,1816 (b) Of the loan funding awarded to child care providers under this subsection,
17the corporation shall award 60 percent to in-home licensed child care providers and
1840 percent to licensed child care providers that are not in-home.
SB421,2,2119 (c) No loan awarded under this subsection to an in-home licensed child care
20provider may exceed $30,000. No loan awarded under this subsection to a licensed
21child care provider that is not in-home may exceed $100,000.
SB421,2,2322 (d) The corporation shall charge no interest on a loan awarded under this
23subsection.
SB421,3,324 (e) An in-home child care provider who receives a loan under this subsection
25shall, within one year of receiving the loan, establish or maintain enrollment in the

1child care provider's in-home child care facility. If enrollment is not established or
2maintained, the corporation shall terminate the loan agreement and the child care
3provider shall be liable to the corporation for the amount awarded.
SB421,3,44 (End)
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