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SB 7016 — OGSR/Administration of Small Business Loan Programs Held by an Economic Development Agency

by Commerce and Tourism Committee

This summary is provided for information only and does not represent the opinion of any Senator, Senate Officer, or Senate Office.

Prepared by: Commerce and Tourism Committee (CM)

SB 7016 saves from repeal the current public records exemption that exempts from public inspection and copying requirements certain financial information held by an economic development agency pursuant to the administration of a state or federally funded small business loan program. The exemption protects tax returns, financial information, and credit information.

 

If approved by the Governor, or allowed to become law without the Governor's signature, these provisions take effect upon becoming law.

 

Vote: Senate 31-4; House 106-0