SB 1442: Black Business Loan Program
GENERAL BILL by Braynon
Black Business Loan Program; Revising the recertification and audit periods for eligible recipients of the Black Business Loan Program; authorizing existing recipients to submit certain information to the Department of Economic Opportunity instead of financial audits under certain circumstances; authorizing recipients to redress audit findings within a specified period; providing term of and revising requirements for funding agreements between recipients and the department; revising the entities with whom the department must consult before adopting rules; revising limits on the use of funds for technical support to black business enterprises and direct administrative costs, etc.
Effective Date: 7/1/2012
Last Action: 3/9/2012 Senate - Died in Commerce and Tourism
Bill Text: Web Page | PDF
Last Action: 3/9/2012 Senate - Died in Commerce and Tourism
Bill Text: Web Page | PDF
Senate Committee References:
- Commerce and Tourism (CM)
- Budget (BC)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/4/2012 | Senate |
• Filed |
| 1/13/2012 | Senate |
• Referred to Commerce and Tourism; Budget -SJ 154 • Introduced -SJ 154 |
| 3/9/2012 | Senate |
• Died in Commerce and Tourism |
