Legislation

Title: Maryland Nonprofit Development Center Program – Nonprofit, Interest–Free, Micro Bridge Loan (NIMBL) Account – Funding
Sponsored by: Delegate Forbes
Status: In the House - Hearing 2/02 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Altering, beginning in fiscal year 2023, the percentage to be paid by the Comptroller from the Small, Minority, and Women-Owned Businesses Account to the Nonprofit, Interest-Free, Micro Bridge Loan (NIMBL) Account within the Maryland Nonprofit Development Center Program Fund; and requiring the Governor to include in the annual budget bill an appropriation of $1,000,000 for fiscal year 2024 for the Fund to be used for certain loans under the NIMBL Account.

Committees

Original:: Ways and Means Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: SB0245

Bill File Type: Regular

Effective Date(s): July 1, 2022

Bill imposes a mandated appropriation in the annual State Budget Bill

History

Legislation History
Chamber House Calendar Date 1/13/2022 Legislative Date 1/13/2022 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 1/13/2022 Legislative Date 1/13/2022 Action Hearing 2/02 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Maryland Nonprofit Development Center Program – Nonprofit, Interest–Free, Micro Bridge Loan (NIMBL) Account – Funding Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	1/13/2022	1/13/2022	First Reading Ways and Means
House	1/13/2022	1/13/2022	Hearing 2/02 at 1:00 p.m.
			Text - First - Maryland Nonprofit Development Center Program – Nonprofit, Interest–Free, Micro Bridge Loan (NIMBL) Account – Funding

File Code

Subjects

Statutes