Protecting Childcare from Private Equity Act mandates SEC to gather data on private fund ownership of childcare centers.

The Protecting Childcare from Private Equity Act requires the Securities and Exchange Commission (SEC) to collect information on private fund ownership of legal entities providing childcare. This includes data on ownership, purchase, and sale of such entities. The SEC must report this anonymized data to Congress annually. Additionally, the Comptroller General must conduct a study on the effects of private equity ownership on childcare quality, availability, tuition, and employee wages, reporting findings to Congress within two years.

Protecting Childcare from Private Equity Act mandates SEC to gather data on private fund ownership of childcare centers.

The Protecting Childcare from Private Equity Act requires the Securities and Exchange Commission (SEC) to collect information on private fund ownership of legal entities providing childcare. This includes data on ownership, purchase, and sale of such entities. The SEC must report this anonymized data to Congress annually. Additionally, the Comptroller General must conduct a study on the effects of private equity ownership on childcare quality, availability, tuition, and employee wages, reporting findings to Congress within two years.