Florida House Bill 807 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on March 11 2016 - 100% progression
Action: 2016-03-11 - Died in Economic Development and Tourism Subcommittee
Text: Latest bill text (Introduced) [PDF]

Revises Microfinance Loan Program & Microfinance Guarantee Program; revises legislative intent & conforms terminology; provides that EFI rather than DEO is responsible for entering into funding agreements with loan administrators; revises loan administrator qualifications & contracting requirements; authorizes microloan interest charges & fees; revises loan administrator fees; revises microloan eligibility; revises requirements for administrative contract between DEO & EFI; revises eligibility & terms for loan guarantees; authorizes surety bond guarantees; revises annual reporting requirements; revises timeline for report by EDR.

Florida Microfinance Act

Rep. Sharon Pritchett [D]

Date	Chamber	Action
2016-03-11	House	Died in Economic Development and Tourism Subcommittee
2016-01-12	House	Introduced
2015-12-10	House	Referred to Economic Development and Tourism Subcommittee; Transportation and Economic Development Appropriations Subcommittee; Economic Affairs Committee
2015-11-30	House	Filed

S1592 (Same As) 2016-02-23 - Withdrawn from further consideration

Chapter	Article	Section	Citation Type	Statute Text
288	9931		Amended Code	See Bill Text
288	9932		Amended Code	See Bill Text
288	9934		Amended Code	See Bill Text
288	9935		Amended Code	See Bill Text
288	9936		Amended Code	See Bill Text
288	9937		Amended Code	See Bill Text

Type	Source
Summary	http://www.flsenate.gov/Session/Bill/2016/807
Text	http://www.flsenate.gov/Session/Bill/2016/0807/BillText/Filed/PDF