MS HB509 | 2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on March 5 2024 - 100% progression
Action: 2024-03-05 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on March 5 2024 - 100% progression
Action: 2024-03-05 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Establish The Small Business Bridge Loan Program In The Mississippi Department Of Banking And Consumer Finance To Provide Short Term Bridge Loans To Small Business Owners For The Purpose Of Providing Financial Assistance Until The Owners Are Able To Secure Other Financing; To Create A Special Fund To Be Known As The Small Business Bridge Loan Program Revolving Loan Fund, Which Shall Be Administered By The Department, And Expended For The Sole Purpose Of Providing Loans To Small Business Owners Under The Provisions Of This Act; To Provide That The Department Shall Determine The Terms And Conditions Of The Loans And Specify Certain Requirements And Conditions For The Loans; And For Related Purposes.
Title
Small Business Bridge Loan Program; create.
Sponsors
| Rep. John Hines [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-03-05 | House | Died In Committee |
| 2024-01-23 | House | Referred To Banking and Financial Services;Appropriations A |
Mississippi State Sources
| Type | Source |
|---|---|
| Summary | https://billstatus.ls.state.ms.us/2024/pdf/history/HB/HB0509.xml |
| Text | https://billstatus.ls.state.ms.us/documents/2024/html/HB/0500-0599/HB0509IN.htm |
