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2010 SESSION

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HB 1317 Governor's Development Opportunity Fund; funds to financial institutions for small business loans.

Introduced by: Robert G. Marshall | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Governor’s Development Opportunity Fund; small business loans. Provides for the transfer of up to $2 million from the Governor’s Development Opportunity Fund to a qualified community development financial institution, for the purpose of making commercial loans and investments to start of expand small businesses, when the Fund balance is greater than $12 million.


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