An Act repealing the child care facility revolving loan fund; repealing the child care facility revolving loan fund foreclosure expense account; repealing the child care facility revolving loan fund program; and providing for an effective date.

Summary

The bill eliminates the state’s child care facility revolving loan fund, its foreclosure expense account, and the program that administered them. It removes the underlying statutes that created and governed these entities. The repeal takes effect on July 1, 2026, ending any future use of the fund.

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