| BILL NO | S01419 |
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| SAME AS | SAME AS A01884
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| SPONSOR | ALESI |
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| COSPNSR | DEFRANCISCO, MALTESE, MCGEE, MENDEZ, MORAHAN, RATH, ROBACH, SEWARD |
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| MLTSPNSR | |
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| Amd S3, add S9-f, UDC Act |
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| 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. |
