SENATE BILL 789

Sponsored By:

Senators Exum and Kelley

Entitled:

Business and Economic Development - Maryland Small Business Development Financing Authority

Synopsis:

Adding to the purposes of the Maryland Small Business Development Financing Authority; altering the eligibility criteria for applicants to the Contract Financing Fund program, the Guaranty Fund financing program, and the Equity Participation Investment Program of the Maryland Small Business Development Financing Authority; increasing the dollar amount of a loan that may be guaranteed by the Authority under the Guaranty Fund financing program; etc.

History by Legislative Date

Senate Action

2/9

First Reading Senate Rules

2/21

Re-referred Finance

2/22

Hearing 3/21 at 1:00 p.m.

3/23

Favorable Report by Finance

Favorable Report Adopted

Second Reading Passed

3/26

Third Reading Passed (46-0)

4/3

Returned Passed

4/20

Signed by the Governor Chapter 172

House Action

3/24

First Reading Economic Matters

3/28

Hearing 4/4 at 1:00 p.m.

4/5

Favorable Report by Economic Matters

3/31

Favorable Report Adopted

Second Reading Passed

4/2

Third Reading Passed (137-0)

Sponsored by:

Senator Nathaniel Exum, District 24

Senator Delores G. Kelley, District 10

Bill indexed under the following Subjects:

ADMINISTRATIVE AGENCIES -see also- ELECTRONIC GOVERNMENT

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 , 5-1043 , 5-1046 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered

Roll Call Votes (Legislative dates are shown):

Senate

March 26, 2001: Third Reading Passed (46-0)

House

April 2, 2001: Third Reading Passed (137-0)