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HB 255: Black Business Loan Program

GENERAL BILL by Bernard ; (CO-INTRODUCERS) Abruzzo

Black Business Loan Program; Revises recertification & audit periods for eligible recipients of Black Business Loan Program; authorizes existing recipients to submit certain information to Department of Economic Opportunity (DEO) instead of financial audits; authorizes recipients to redress audit findings within specified period; provides term of & revising requirements for funding agreements between recipients & office; revises entities with whom DEO must consult before adopting rules; revises limits on use of funds for technical support to black business enterprises & direct administrative costs.

Effective Date: 7/1/2012
Last Action: 3/9/2012 House - Died in Business and Consumer Affairs Subcommittee
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    10/4/2011 House • Filed
    10/17/2011 House • Referred to Business and Consumer Affairs Subcommittee; Transportation and Economic Development Appropriations Subcommittee; Economic Affairs Committee -HJ 26
    1/10/2012 House • Introduced -HJ 26
    3/9/2012 House • Died in Business and Consumer Affairs Subcommittee

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  • HB 255, Original Filed Version (Current Bill Version) Posted 10/4/2011 at 11:14 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1442 Black Business Loan Program Braynon Identical Last Action: 3/9/2012 S Died in Commerce and Tourism
    Location: In committee/council (CM)

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    288.7094 Black business investment corporations. Page 6 (pdf)
    288.7102 Black Business Loan Program. Page 1 (pdf)

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