HB 1301: Economic Development
GENERAL BILL by Nelson
Economic Development; Creates Business Loan Guarantee Program; requires OTTED to create business loan guarantee fund to provide loans to certain businesses; provides for use of certain funds for program; provides maximum terms & amounts of loan guarantees; provides procedures for approval of loan guarantee applications; requires application fees; provides procedures for payment of loan guarantees to cover investment losses; prohibits disbursement of moneys for investment losses under certain circumstances, etc.
Last Action: 5/7/2011 House - Died in Transportation and Economic Development Appropriations Subcommittee
Bill Text: Web Page | PDF
• Introduced -HJ 118
• Referred to Economic Development and Tourism Subcommittee; Transportation and Economic Development Appropriations Subcommittee; Economic Affairs Committee -HJ 221
• On Committee agenda-- Economic Development and Tourism Subcommittee, 03/22/11, 12:00 pm, 12 HOB
• Favorable by Economic Development and Tourism Subcommittee; YEAS 13 NAYS 1 -HJ 282
• Now in Transportation and Economic Development Appropriations Subcommittee -HJ 282
• Indefinitely postponed and withdrawn from consideration
• Died in Transportation and Economic Development Appropriations Subcommittee
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