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Bill > SB00266
CT SB00266
CT SB00266An Act Limiting The Access Of Private Equity To Funds From The Early Childhood Education Endowment.
summary
Introduced
02/19/2026
02/19/2026
In Committee
02/19/2026
02/19/2026
Crossed Over
Passed
Dead
Introduced Session
2026 General Assembly
Bill Summary
To give priority to funding from the Early Childhood Education Endowment to those child care service providers that are not backed by private equity.
AI Summary
This bill, effective July 1, 2026, amends existing law to prioritize funding from the Early Childhood Education Endowment for child care and preschool programs that are not owned or controlled by a private equity company. A private equity company is defined as an investment group that buys and sells ownership stakes in companies not traded on public stock exchanges. The bill ensures that funds from this endowment, managed by the Commissioner of Early Childhood, will first go to eligible programs that meet specific criteria, such as receiving financial assistance, participating in quality improvement systems, and participating in the Child and Adult Care Food Program, before being allocated to programs backed by private equity.
Committee Categories
Education
Sponsors (1)
Other Sponsors (1)
Committee on Children (Other)
Last Action
Children Public Hearing (00:00:00 2/24/2026 ) (on 02/24/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB00266&which_year=2026 |
| BillText | https://www.cga.ct.gov/2026/TOB/S/PDF/2026SB-00266-R00-SB.PDF |
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