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.
Effective Date: 7/1/2011
Last Action: 5/7/2011 House - Died in Transportation and Economic Development Appropriations Subcommittee
Bill Text: Web Page | PDF
Last Action: 5/7/2011 House - Died in Transportation and Economic Development Appropriations Subcommittee
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 3/7/2011 | House |
• Filed |
| 3/8/2011 | House |
• Introduced -HJ 118 |
| 3/14/2011 | House |
• Referred to Economic Development and Tourism Subcommittee; Transportation and Economic Development Appropriations Subcommittee; Economic Affairs Committee -HJ 221 |
| 3/18/2011 | House |
• On Committee agenda-- Economic Development and Tourism Subcommittee, 03/22/11, 12:00 pm, 12 HOB |
| 3/22/2011 | House |
• Favorable by Economic Development and Tourism Subcommittee; YEAS 13 NAYS 1 -HJ 282 |
| 3/23/2011 | House |
• Now in Transportation and Economic Development Appropriations Subcommittee -HJ 282 |
| 5/7/2011 | House |
• Indefinitely postponed and withdrawn from consideration • Died in Transportation and Economic Development Appropriations Subcommittee |
