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.
Last Action: 3/11/2016 House - Died in Economic Development and Tourism Subcommittee
Bill Text: PDF
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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
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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Last Action and Location Track Bills S 1592 Florida Microfinance Act Gibson Identical Last Action: 2/23/2016 S Withdrawn from further consideration -SJ 472
Location: Withdrawn from consideration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)