ERIC Number: ED424938
Record Type: Non-Journal
Publication Date: 1998-Jun-26
Reference Count: N/A
The Children's Development Commission Act--H.R. 3637. Field Hearing before the Subcommittee on Capital Markets, Securities and Government Sponsored Enterprises of the Committee on Banking and Financial Services. U.S. House of Representatives, One Hundred Fifth Congress, Second Session.
Congress of the U.S., Washington, DC. House Committee on Banking and Financial Services.
This document presents testimony from the June 1998 hearing on the Children's Development Act (H.R. 3637) held before the Subcommittee on Capital Markets, Securities and Government Sponsored Enterprises. H.R. 3637 encourages the lending of resources to child care facilities by allowing a bank or lender access to a federal reinsurance program that would insure that the risk taken on by the lender would be guaranteed in some portion to be repaid from the insurance fund should the borrower default. The transcripts include statements from: (1) the assistant secretary of the Louisiana Department of Social Services; (2) the executive director of Woman's Hospital Child Care Center; (3) the program director of YMCA Istrouma Teen Learning Center; (4) the owner and president of Reynolds Academy of Preschool Learning; (5) the program manager of Partnerships in Child Care; (6) vice president of corporate affairs at Providian Financial Corporation; (7) Rep. Paul E. Kanjorski; and (8) Rep. Carolyn B. Maloney. (EV)
Descriptors: Day Care, Educational Finance, Federal Legislation, Financial Policy, Financial Support, Government Role, Hearings, Loan Repayment
U.S. Government Printing Office, Superintendent of Documents, Congressional Sales Office, Washington, DC 20402.
Publication Type: Legal/Legislative/Regulatory Materials
Education Level: N/A
Authoring Institution: Congress of the U.S., Washington, DC. House Committee on Banking and Financial Services.