Governor's Development Opportunity Fund; funds to financial institutions for small business loans. (HB1317)

Introduced By

Del. Bob Marshall (R-Manassas)

Bob Marshall (R-Manassas)
Served: 1992–

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Governors Development Opportunity Fund; small business loans. Provides for the transfer of up to $2 million from the Governors Development Opportunity Fund to a qualified community development financial institution, for the purpose of making commercial loans and investments to start of expand small businesses, when the Fund balance is greater than $12 million.   View Full Text »

Outcome

Bill Has Failed
View Bill's History

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