File Code: Economic and Community Development
- Sponsored By:
-
Delegates Harrison, Fulton, Kirk, C. Davis, Krysiak, Dobson,
McHale, Cole, and Rawlings
- Entitled:
-
Maryland Small Business Development Financing Authority
Establishing that one purpose of the Maryland Small Business
Development Financing Authority (MSBDFA) is to assist individuals that
do not meet the credit criteria of banks and are unable to obtain
adequate business financing on reasonable terms; establishing that an
applicant for MSBDFA financial assistance that lacks sufficient
liquidity or assets to obtain business financing from a bank qualifies
as lacking financial capacity; and increasing the maximum amount of an
MSBDFA loan that may be guaranteed using the Guaranty Fund.
House Action
- 2/14
- First Reading House Rules and Executive Nominations
- 2/26
- Withdrawn
Senate Action
- No Action
- Sponsored by:
- Delegate Hattie N. Harrison, District 45
- Delegate William H. Cole, IV, District 47A
- Delegate Clarence Davis, District 45
- Delegate Michael V. Dobson, District 43
- Delegate Tony E. Fulton, District 40
- Delegate Ruth M. Kirk, District 44
- Delegate Carolyn J. Krysiak, District 46
- Delegate Brian K. McHale, District 47A
- Delegate Howard P. Rawlings, District 40
- Bill indexed under the following Subjects:
- ADMINISTRATIVE AGENCIES -see also- ELECTRONIC GOVERNMENT
- COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc
- CREDIT
- LOANS -see also- MORTGAGES
- SMALL BUSINESS
- Bill affects the following Statutes:
- Article - 83A Department of Business and Economic Development
- (
5-1002 ,
5-1025 ,
5-1029
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Not available at this time
- Amendments:
None offered