AB 452

Bill Subjects

Abstract

Existing law establishes the Child Care Facilities Revolving Fund in the State Treasury to provide funding for loans for the renovation, repair, or improvement of an existing building to make the building suitable for licensure for childcare and development services, and for the purchase of new relocatable childcare facilities for the lease to local educational agencies and contracting agencies that provide childcare and development services. Existing law requires that a local educational agency or a contracting agency using facilities purchased by the use of these funds be charged a leasing fee, as provided, over a 10-year period. Existing law requires title to be transferred from the State of California to the local educational agency or contracting agency upon full repayment of the purchase and relocation costs. Existing law requires the Superintendent to deposit all revenue derived from the lease payments or renovation or repair loan repayments into the Child Care Facilities Revolving Fund. This bill would repeal that loan program, except as provided below, and would require all moneys in the Child Care Facilities Revolving Fund as of December 31, 2019, to be transferred to the California Childcare Facilities Grant Fund, which would be established by this bill to fund, upon an appropriation by the Legislature, a grant program administered by the State Department of Education, as provided. The bill would, until July 1, 2030, require the department to use moneys from the fund to support the construction of new childcare centers, or the renovation, repair, or modernization of existing childcare centers, and the renovation, repair, and modernization of family childcare homes, that serve children in subsidized childcare and development programs, as provided. The bill would require the department to annually collect and aggregate specified data relating to the use of the funds and report this data to the relevant policy and fiscal committees of the Legislature by December 31 of each year. The bill would require the department to provide a final report to the relevant policy and fiscal committees of the Legislature on or before December 31, 2029, on the impact of the grant program, as provided. The bill would continue to require that a local educational agency or a contracting agency using facilities purchased with funds from the Child Care Facilities Revolving Fund before December 31, 2019, be charged a leasing fee, as provided, over a 10-year period. The bill would also continue to require title to be transferred from the State of California to the local educational agency or contracting agency upon full repayment of the purchase and relocation costs. The bill would require the Superintendent to deposit all revenue derived from the lease payments or renovation or repair loan repayments into the California Childcare Facilities Grant Fund.