9DD4ED6AEA9D61D787258C350067BE8F Hearing Summary

The committee was placed in a brief recess.

The committee came back to order.

The primary bill
sponsors, Representatives Garcia and Sirota, introduced House Bill 25-1011
to the House Health and Human Services Committee. The bill creates new
requirements for child care centers owned by institutional investment entities.
An institutional investment entity is defined in the bill as an investment
company or a venture capital fund that owns at least 20 percent of a child
care center and operates and franchises five or more child care centers.
The bill requires child care centers owned by an investment entity to post
and update child care pricing on their website. An investment entity must
provide 60-day notice to employees and families of any changes to employment,
enrollment, and eligibility when acquiring a child care center. The Colorado
Department of Early Childhood (CDEC) may require an investment entity to
annually submit information about the entity’s general financial condition.
If the child care center is found to be non-compliant, the CDEC can take
further disciplinary action.



The bill sponsors
provided a handout to the committee (Attachment B).

The bill sponsors responded to questions from the committee.

Ms. Allison McMurtry,
representing themself, testified in opposition to the bill.



Alison May, representing
KinderCare Learning Companies, testified in opposition to the bill.



Shannan Meyer,
representing Primrose School at Lowry, Primrose School of Parker, Primrose
School of Centennial, testified in opposition to the bill.



Ms. Naomi Janowiak,
representing themself, testified in opposition to the bill.

The panel responded to questions from the committee.

Laurie Scoggins,
representing the Goddard School, testified in opposition to the bill.



Jenna Borkoski,
representing Learning Care Group, testified in opposition to the bill.



Stephanie Branscum,
representing themself, testified in opposition to the bill.



Mindy Goldstein,
representing themself, testified in opposition to the bill.

The panel responded to questions from the committee.

Dawn Alexander, representing
Early Childhood Education Association of Colorado, testified in opposition
to the bill.



Kendra Dunn, representing
Colorado Department of Early Childhood, testified in opposition to the
bill.



Mr. Dean Pappous,
representing The Gardner School, testified in opposition to the bill.



Kathlyn McHenry,
representing Early Care & Education Consortium, testified in opposition
to the bill.



Ms. Sara Flater,
representing Mother Forward, testified to amend the bill.



Alethea Gomez,
representing Colorado Executives Partnering to Invest in Children (EPIC),
testified to amend the bill.

The panel responded to questions from the committee.

The panel responded to questions from the committee.

Ms. Hunter Nelson,
representing Small Business Majority, testified in support of the bill.



Elliot Haspel,
representing themself, testified in support of the bill.



Heather Tritten,
representing Colorado Children’s Campaign, testified in support of the
bill.



Additional written
testimony was submitted to the committee (Attachment C).

The panel responded to questions from the committee.

The bill sponsors provided closing comments on the bill.

Members of the committee provided closing comments on the bill.