1999 Regular Session

SENATE BILL 136

CHAPTER NUMBER: 299 File Code: Economic and Community Development Crossfiled with: HOUSE BILL 185
Sponsored By:
The President (Administration) and Senators McFadden, Currie, Lawlah, and Middleton
Entitled:
Maryland Competitive Advantage Financing Fund

Synopsis:

Creating the Maryland Competitive Advantage Financing Fund as a nonlapsing fund to provide financial assistance for the development and expansion of small businesses in the State; specifying the status, funding sources, and use of the Fund; specifying how applicants for loans are to be evaluated and selected; specifying how loans are to be made; providing that the Fund is a growth-related project; requiring various reports from specified entities; requiring that a specified study panel convene during the 1999 Interim; etc.

History by Legislative Date

Senate Action
1/22
First Reading Budget and Taxation
2/3
Hearing 2/17 at 1:30 p.m.
3/25

Favorable with Amendments Report by Budget and Taxation
3/26
Favorable with Amendments Report Adopted
Floor Committee Amendment (Budget and Taxation) Adopted
Second Reading Passed with Amendments
3/29
Third Reading Passed (47-0)
4/10
Senate Concur - House Amendments
Third Reading Passed (45-0)
Passed Enrolled
5/13
Signed by the Governor Chapter 299
House Action
3/29
First Reading Economic Matters
3/31
Hearing 4/6 at 1:00 p.m.
4/10
Favorable with Amendments Report by Economic Matters
4/6
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/7
Floor Committee Amendment Adopted
Third Reading Passed with Amendments (123-14)
Sponsored by:
President of the Senate
Administration
Senator Ulysses Currie, District 25
Senator Gloria Lawlah, District 26
Senator Nathaniel J. McFadden, District 45
Senator Thomas McLain Middleton, District 28
Bill indexed under the following Subjects:
BUSINESS AND ECONOMIC DEVELOPMENT, DEPARTMENT OF
COMMERCE AND BUSINESS -see also- ENTERPRISE ZONES;SMALL BUS.
COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES
LOANS
REPORTS -see also- RECORDS
RULES AND REGULATIONS
SMALL BUSINESS
SUNSET
TREASURERS
Bill affects the following Statutes:
Article - 83A Department of Business and Economic Development
( 5-1301 , 5-1302 , 5-1303 , 5-1304 , 5-1305 )
State Finance and Procurement
( 5-7B-01 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 219125/1 (PDF)     Offered on: March 26, 1999   at: 12:34 p.m.     Status: Adopted
Number: 689321/1 (PDF)     Offered on: March 26, 1999   at: 12:34 p.m.     Status: Adopted
House
Number: 233786/1 (PDF)     Offered on: April 10, 1999   at: 2:46 p.m.     Status: Adopted
Number: 773684/1 (PDF)     Offered on: April 10, 1999   at: 10:40 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 29, 1999: Third Reading Passed (47-0)
April 10, 1999: Third Reading Passed (45-0)
House
April 7, 1999: Third Reading Passed with Amendments (123-14)