Vote Smart's Synopsis:

Vote to pass a bill that specifies Child care centers owned by private equity or institutional investment firms would've had to post their prices online and notify parents before laying off staff in colorado.

Highlights:

• Specifies that the bill is in regards to a childcare center that is owned by an institutional investment entity that owns 5 or more childcare centers (Sec. 2). 

• Requires a child care center owned by an institutional investment entity shall post and update child care pricing on the child care center's website ( Sec. 2).

• Requires an institutional investment entity to provide at least 60 days' notice to child care center employees and families who have children enrolled at the child care center if the center employees or change enrollment or eligibility requirements for the child care center as a result of institutional acquisition (Sec. 2).

• Specifies that this bill takes effect upon passage and approval by the Governor (Sec. 3).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that specifies Child care centers owned by private equity or institutional investment firms would've had to post their prices online and notify parents before laying off staff in colorado.

Highlights:

• Specifies that the bill is in regards to a childcare center that is owned by an institutional investment entity that owns 5 or more childcare centers (Sec. 2). 

• Requires a child care center owned by an institutional investment entity shall post and update child care pricing on the child care center's website ( Sec. 2).

• Requires an institutional investment entity to provide at least 60 days' notice to child care center employees and families who have children enrolled at the child care center if the center employees or change enrollment or eligibility requirements for the child care center as a result of institutional acquisition (Sec. 2).

• Specifies that this bill takes effect upon passage and approval by the Governor (Sec. 3).

Full Bill Text