SB0896 (CH0390)

Find a 2015 Bill:

2015 Regular Session



Military Personnel and Veteran-Owned Small Business No-Interest Loan Program and Fund

Sponsored by:

Senator Jennings


Approved by the Governor - Chapter 390

Synopsis:Establishing the Military Personnel and Veteran-Owned Small Business No-Interest Loan Fund as a special, nonlapsing fund; specifying the purpose of the Fund; requiring the Secretary of Business and Economic Development to administer the Fund; requiring the Department of Business and Economic Development, in consultation with the Department of Veterans Affairs, in making loans, to consider how to maximize the number of veterans, military reservists, and National Guard Personnel who would benefit from the loan program; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senators Jennings, Astle, Cassilly, Peters, Waugh, Middleton, Benson, Feldman, Hershey, Kelley, Klausmeier, Mathias, Pugh, and Reilly
Additional Facts:Bill File Type: Regular
Effective Date(s): July 1, 2015
Finance  View Committee HearingEconomic Matters  View Committee Hearing
Broad Subject(s):Economic and Community Development
Narrow Subject(s):Armed Forces -see also- Military Department; Veterans
Business and Economic Development, Department of
Loans -see also- Mortgages
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Small Business
Statutes:Article - Economic Development
(5-1001, 5-1002, 5-1003 through 5-1005, 5-1006)
Article - State Finance and Procurement

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October 24, 2017 4:50 P.M.