Legislation - SB0053

Title: Maryland Nonprofit Development Center Program - Nonprofit, Interest-Free, Micro Bridge Loan (NIMBL) Account - Funding
Sponsored by: Senator Kagan
Status: In the House - Hearing 3/23 at 1:00 p.m.
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Requiring the Governor to include in the annual budget bill for fiscal year 2024 or fiscal year 2025 an appropriation of $1,000,000 to the Maryland Nonprofit Development Center Program Fund to be used for loans under the Nonprofit, Interest-Free, Micro Bridge Loan (NIMBL) Account; and repealing a requirement that 5% of proceeds from video lottery terminals go to the NIMBL Account.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Ways and Means Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB0084

Introduced in a prior session as: SB0245 Session: 2022 Regular Session

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2023

Bill imposes a mandated appropriation in the annual State Budget Bill

History

Legislation History
Chamber Senate Calendar Date 10/10/2022 Legislative Date 10/10/2022 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/11/2023 Legislative Date 1/11/2023 Action First Reading Budget and Taxation 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 Senate Calendar Date 1/10/2023 Legislative Date 1/10/2023 Action Hearing 1/19 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 2/13/2023 Legislative Date 2/13/2023 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/14/2023 Legislative Date 2/14/2023 Action Favorable with Amendments {963225/1 Adopted Proceedings 25 Click to view Recorded Media
Chamber Senate Calendar Date 2/14/2023 Legislative Date 2/14/2023 Action Second Reading Passed with Amendments Proceedings 25 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Maryland Nonprofit Development Center Program - Nonprofit, Interest-Free, Micro Bridge Loan (NIMBL) Account - Funding Proceedings
Chamber Senate Calendar Date 2/16/2023 Legislative Date 2/16/2023 Action Third Reading Passed (45-0) Proceedings 27 Click to view Recorded Media
Chamber House Calendar Date 2/20/2023 Legislative Date 2/20/2023 Action Referred Ways and Means Proceedings 29 Click to view Recorded Media
Chamber House Calendar Date 3/06/2023 Legislative Date 3/06/2023 Action Hearing 3/23 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	10/10/2022	10/10/2022	Pre-filed
Senate	1/11/2023	1/11/2023	First Reading Budget and Taxation
			Text - First - Maryland Nonprofit Development Center Program – Nonprofit, Interest–Free, Micro Bridge Loan (NIMBL) Account – Funding
Senate	1/10/2023	1/10/2023	Hearing 1/19 at 1:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	2/13/2023	2/13/2023	Favorable with Amendments Report by Budget and Taxation
Senate	2/14/2023	2/14/2023	Favorable with Amendments {963225/1 Adopted	25 Click to view Recorded Media
Senate	2/14/2023	2/14/2023	Second Reading Passed with Amendments	25 Click to view Recorded Media
			Text - Third - Maryland Nonprofit Development Center Program - Nonprofit, Interest-Free, Micro Bridge Loan (NIMBL) Account - Funding
Senate	2/16/2023	2/16/2023	Third Reading Passed (45-0)	27 Click to view Recorded Media
House	2/20/2023	2/20/2023	Referred Ways and Means	29 Click to view Recorded Media
House	3/06/2023	3/06/2023	Hearing 3/23 at 1:00 p.m.

File Code

Subjects

Statutes