| BILL NO | A00727 |
| |
| SAME AS | SAME AS S01318
|
| |
| SPONSOR | Sweeney (MS) |
| |
| COSPNSR | Canestrari, Schimminger, Galef, Pheffer, John, Morelle, Colton, Gunther, Millman, Zebrowski |
| |
| MLTSPNSR | Alfano, Aubertine, DelMonte, Eddington, Hooper, Koon, Magee, Paulin, Scarborough |
| |
| Amd S3, add S9-f, UDC Act |
| |
| Creates a program authorizing loans by the Urban development Corporation (UDC) and to small and medium business that has suffered or is likely to suffer economic injury as a result of the absence of the owner, manager, or key employee who is or was an eligible reservist being ordered to active duty with the armed forces during a period of military conflict; loans not to exceed $150,000; interest not to exceed a rate of 5%; definitions and related provisions; does not call for the expenditure of state funds. |
