Protecting Childcare from Private Equity Act

The Protecting Childcare from Private Equity Act requires the Securities and Exchange Commission to collect and report data on private funds that own or control childcare providers. It restricts these large private funds from selling their interests in childcare entities or taking dividends for four years after they first gain control. Additionally, the bill mandates a study by the Comptroller General to examine how private equity ownership affects childcare quality, availability, costs, and employee wages. These measures specifically target private funds with over $150 million in assets that operate childcare at more than 25 locations.