Skip to Navigation | Skip to Main Content | Skip to Site Map | Mobile Site

Senate Tracker: Sign Up | Login

The Florida Senate

HB 807: Florida Microfinance Act

GENERAL BILL by Pritchett

Florida Microfinance Act; Revises Microfinance Loan Program & Microfinance Guarantee Program; revises legislative intent & conforms terminology; provides that EFI rather than DEO is responsible for entering into funding agreements with loan administrators; revises loan administrator qualifications & contracting requirements; authorizes microloan interest charges & fees; revises loan administrator fees; revises microloan eligibility; revises requirements for administrative contract between DEO & EFI; revises eligibility & terms for loan guarantees; authorizes surety bond guarantees; revises annual reporting requirements; revises timeline for report by EDR.

Effective Date: 7/1/2016
Last Action: 3/11/2016 House - Died in Economic Development and Tourism Subcommittee
Bill Text: PDF

Expand All Collapse All

  • Bill History

    Date Chamber Action
    11/30/2015 House • Filed
    12/10/2015 House • Referred to Economic Development and Tourism Subcommittee; Transportation and Economic Development Appropriations Subcommittee; Economic Affairs Committee -HJ 70
    1/12/2016 House • Introduced -HJ 70
    3/11/2016 House • Died in Economic Development and Tourism Subcommittee

    Top of SectionTop of Page

  • HB 807, Original Filed Version (Current Bill Version) Posted 11/30/2015 at 2:49 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1592 Florida Microfinance Act Gibson Identical Last Action: 2/23/2016 S Withdrawn from further consideration -SJ 472
    Location: Withdrawn from consideration

    Citations - Statutes (6)

    Citation Catchline Location in Bill Location In Bill Help
    288.9931 Legislative findings and intent. Page 2 (pdf)
    288.9932 Definitions. Page 3 (pdf)
    288.9934 Microfinance Loan Program. Page 5 (pdf)
    288.9935 Microfinance Guarantee Program. Page 19 (pdf)
    288.9936 Annual report of the Microfinance Loan Program. Page 25 (pdf)
    288.9937 Evaluation of programs. Page 28 (pdf)

    Top of SectionTop of Page