Bill > HR363

This resolution directs the Joint State Government Commission to conduct a comprehensive study on the impact of private equity firms in the child care industry. The study will examine how private equity investments are affecting child care providers, parents, and children, with a particular focus on rising costs, staff salaries, insurance rates, and overall industry dynamics. The commission is specifically tasked with investigating how private equity firms are increasing child care fees, prioritizing enrollment for affluent families, reducing operational costs, maintaining low staff salaries, and potentially causing high staff turnover. Additionally, the resolution requires the commission to study the reasons behind increasing liability insurance rates for child care facilities and explore actions taken by other states to mitigate negative effects of private equity involvement in the child care sector. The commission must examine these issues and compile a report with findings and legislative recommendations within 12 months of the resolution's adoption, with the ultimate goal of ensuring affordable child care and prioritizing children's best interests.

Education

https://www.palegis.us/legislation/bills/2025/hr363