Comments: NY A04377 | 2011-2012 | General Assembly

Bill Title: Authorizes the comptroller and the commissioner of taxation and finance to make linked deposits with lenders to a series of eligible businesses, so long as no individual loan exceeds $50,000; authorizes excelsior linked deposit loans to be made to a series of eligible businesses, with no individual loan exceeding $50,000, and such loans may be used for financing or refinancing a small business in distressed communities.

Spectrum: Moderate Partisan Bill (Democrat 14-2)

Status: (Introduced - Dead) 2012-09-04 - enacting clause stricken [A04377 Detail]

Text: Latest bill text (Introduced) [HTML]

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