Licensed home child care is excluded from a loan restriction
What the document says“(A) a home-based business that is a licensed, registered, or regulated child care provider under State law or by a tribal organization; and (B) an applicant that has applied to become a licensed, registered, or regulated child care provider under State law or by a tribal organization.”
The section requires the Secretary of Agriculture to revise section 3555.102(c) of title 7 of the Code of Federal Regulations to exclude from the restriction there a home-based business that is a licensed, registered, or regulated child care provider under State law or by a tribal organization, and an applicant who has applied to become one. The terms State and tribal organization take the meanings given in section 658P of the Child Care and Development Block Grant Act of 1990.
What the document actually says“(A) a home-based business that is a licensed, registered, or regulated child care provider under State law or by a tribal organization; and (B) an applicant that has applied to become a licensed, registered, or regulated child care provider under State law or by a tribal organization.”
Two kinds of case are taken out of the rule. One is a home child care business with a state or tribal license. The other is a person who has applied for one.
The rule sits in a federal regulation, not in this law. It restricts running a business from a home with such a loan. Child care in the home is now carved out.
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