Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
House passes bill requiring transparency from private-equity childcare operators
Summary
The Colorado House approved House Bill 10‑11 after adopting technical and clarity amendments; the measure requires institutional investment entities that own childcare centers to disclose tuition and fees, provide 60 days' notice for layoffs or classroom closures and supply certain financial information to the Department of Early Childhood.
House Republicans and Democrats approved House Bill 10‑11 on a voice vote after floor debate and several amendments.
Representative Lori Garcia (sponsor) and Representative Shubha Sirota (co-sponsor) told the chamber the bill targets institutional investment entities — commonly described in debate as private‑equity and other institutional investors that buy childcare centers — and would require greater transparency when those entities acquire or operate centers. The bill as adopted requires a posted definition of “institutional investment entity,” a requirement that centers provide families with a fee schedule when they register or join a wait list, a 60‑day notice requirement to families and…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
