Legislation

Title: Economic Development - Success Assurance Model and Fund - Establishment
Sponsored by: Senator McCray
Status: In the Senate - First Reading Senate Rules
Analysis: Fiscal and Policy Note

Synopsis

Establishing the Success Assurance Model in the Department of Commerce to provide comprehensive and targeted business services to small businesses through professional services entities; establishing the Success Assurance Fund to award grants to certain coordinating services providers, which shall be disbursed as payment to professional services entities selected to provide business services; requiring in fiscal year 2025, the Governor to include $4,000,000 for the Fund in the annual budget bill; etc.

Committees

Original:: Rules

Details

Bill File Type: Regular

Effective Date(s): July 1, 2023

Bill imposes a mandated appropriation in the annual State Budget Bill

History

Legislation History
Chamber Senate Calendar Date 2/28/2023 Legislative Date 2/28/2023 Action First Reading Senate Rules Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Economic Development - Success Assurance Model and Fund - Establishment Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/28/2023	2/28/2023	First Reading Senate Rules
			Text - First - Economic Development - Success Assurance Model and Fund - Establishment

File Code

Subjects

Statutes