Bill Summary
SB 1442 Black Business Loan Program (2012 Session)
Black Business Loan Program; Revising the recertification and audit periods for eligible recipients of the Black Business Loan Program; authorizing existing recipients to submit certain information to the Department of Economic Opportunity instead of financial audits under certain circumstances; authorizing recipients to redress audit findings within a specified period; providing term of and revising requirements for funding agreements between recipients and the department; revising the entities with whom the department must consult before adopting rules; revising limits on the use of funds for technical support to black business enterprises and direct administrative costs, etc. Effective Date: July 1, 2012
01/04/12
SENATE
Filed
01/13/12
SENATE
Referred to Commerce and Tourism; Budget
03/09/12
SENATE
Died in Commerce and Tourism
No amendments to this bill text filed.
288.7094
288.7102
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