2000 Regular Session

HOUSE BILL 98

CHAPTER NUMBER: 98 File Code: Economic and Community Development
Sponsored By:
Chairman, Economic Matters Committee (Departmental - Housing and Community Dev.) and Delegates Brown and Walkup
Entitled:
Department of Housing and Community Development - Neighborhood Business Development Program - Capital Access Program

Synopsis:

Creating a capital access program in the Neighborhood Business Development Program to encourage private sector loans to qualifying small businesses; requiring that lenders enrolling loans under the Program enter into a specified agreement with the Department of Housing and Community Development; providing for participating lenders to establish loan reserve accounts; and authorizing the Department to use moneys from the Neighborhood Business Development Fund for contributions to specified loan reserve accounts; etc.

History by Legislative Date

House Action
11/15
Pre-filed
1/12
First Reading Economic Matters
Hearing 1/26 at 2:00 p.m.
1/26
Hearing cancelled
Hearing 1/27 at 1:00 p.m.
2/7
Favorable with Amendments Report by Economic Matters
2/8
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
2/11
Third Reading Passed (135-0)
4/4
House Concur - Senate Amendments
Third Reading Passed (138-0)
Passed Enrolled
4/25
Signed by the Governor Chapter 98
Senate Action
2/14
First Reading Finance
3/15
Hearing 3/28 at 1:00 p.m.
3/31
Favorable with Amendments Report by Finance
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/1
Third Reading Passed with Amendments (44-0)
Sponsored by:
Chairman, Econ. Matters Comm.
Delegate Anthony G. Brown, District 25
Departmental
Delegate Mary Roe Walkup, District 36
Bill indexed under the following Subjects:
COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc
COMMUNITY DEVELOPMENT
FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.
HOUSING AND COMMUNITY DEVELOPMENT, DEPARTMENT OF
LOANS -see also- MORTGAGES
RULES AND REGULATIONS
SECURITY INTERESTS -see also- LIENS; MECHANICS' LIENS
SMALL BUSINESS
Bill affects the following Statutes:
Article - 83B Department of Housing and Community Development
( 4-201 , 4-202 , 4-203 , 4-204 , 4-205 , 4-206 , 4-207 , 4-207 , 4-208 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)
Amendments:
House
Number: 733593/1 (PDF)     Offered on: February 8, 2000   at: 10:18 a.m.     Status: Adopted
Senate
Number: 617270/1 (PDF)     Offered on: March 31, 2000   at: 12:27 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
February 11, 2000: Third Reading Passed (135-0)
April 4, 2000: Third Reading Passed (138-0)
Senate
April 1, 2000: Third Reading Passed (44-0)