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Legislation


1998 Regular Session

HOUSE BILL 1051

File Code: Economic and Community Development
Sponsored By:
Delegates Marriott, Exum, Fulton, Patterson, Kirk, Watson, McHale, T. Murphy, Muse, Howard, Grosfeld, and Oaks
Entitled:
Neighborhood Business Development Program and Fund

Synopsis:

Requiring the State Comptroller, beginning with the 1999 fiscal year, to transfer 10% of the annual appropriation from the Economic Development Opportunities Program Fund to the Neighborhood Business Development Fund administered by the Division of Housing Revitalization of the Department of Housing and Economic Development to be used as additional funding for projects relating to the retention, creation, or expansion of small businesses in economically depressed neighborhoods of the State.

History by Legislative Date

House Action
2/13
First Reading Appropriations
2/18
Hearing 2/26 at 11:00 a.m.
3/25
Unfavorable Report by Appropriations
Senate Action
No Action
Sponsored by:
Delegate Salima Siler Marriott, District 40
Delegate Nathaniel Exum, District 24
Delegate Tony Edward Fulton, District 40
Delegate Sharon M. Grosfeld, District 18
Delegate Carolyn J. B. Howard, District 24
Delegate Ruth M. Kirk, District 44
Delegate Brian K. McHale, District 47A
Delegate Timothy D. Murphy, District 47A
Delegate C. Anthony Muse, District 26
Delegate Nathaniel T. Oaks, District 41
Delegate Obie Patterson, District 26
Delegate Carmena F. Watson, District 44
Bill indexed under the following Subjects:
APPROPRIATIONS
COMMERCE AND BUSINESS -see also- ENTERPRISE ZONES;SMALL BUS.
COMMERCIAL REHABILITATION
COMPTROLLER
HOUSING AND COMMUNITY DEVELOPMENT, DEPARTMENT OF
SMALL BUSINESS
Bill affects the following Statute:
State Finance and Procurement
( 7-314 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)

Amendments: None offered
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