PA HR363

Joint State Government Commission directed to study the impact of private equity firms operating in Pennsylvania's child care industry and recommend ways to limit negative effects

Study must examine rising liability insurance costs for child care facilities, including reasons for increased rates, reduced coverage, and dropped policies

Commission required to review actions taken by other states to evaluate and address private equity involvement in child care and liability insurance challenges

Report with findings and legislative recommendations due to the House of Representatives within 12 months of resolution adoption

Resolution cites concerns that private equity tactics include sale-leaseback arrangements that leave child care centers in debt, low staff wages causing high turnover, and fee increases for parents