l9n/ Mississippi

2024 Regular Session

House Bill 1165

Mississippi Small Business Assistance Revolving Loan Program; establish.

Did not become law. It stopped in the House of Representatives's Appropriations A Committee on March 5, 2024. The 2024 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO ESTABLISH THE MISSISSIPPI SMALL BUSINESS ASSISTANCE REVOLVING LOAN PROGRAM TO PROVIDE FINANCING FOR THE STARTUP OR EXPANSION OF SMALL BUSINESSES, IN CONJUNCTION WITH TRADITIONAL COMMERCIAL LENDING; TO DEFINE CERTAIN TERMS RELATING TO THE PROGRAM; TO CREATE THE MISSISSIPPI SMALL BUSINESS ASSISTANCE REVOLVING LOAN FUND; TO PROVIDE THAT THE PROCEEDS OF SUCH LOANS SHALL BE USED BY SMALL BUSINESSES FOR CERTAIN PURPOSES; TO REQUIRE THE PROGRAM ADMINISTRATOR TO DETERMINE THE TERMS AND CONDITIONS OF EACH LOAN, INCLUDING THE REPAYMENT OF THE LOAN, WHICH IS SUBJECT TO CERTAIN CONDITIONS; TO REQUIRE THE MISSISSIPPI DEPARTMENT OF FINANCE AND ADMINISTRATION TO SELECT THE PROGRAM ADMINISTRATOR THROUGH AN OPEN AND COMPETITIVE PROCESS; TO PROVIDE THAT THE DEPARTMENT MAY ENTER INTO A CONTRACT WITH THE PROGRAM ADMINISTRATOR FOR A TERM OF TEN YEARS; TO PROVIDE THE PROCEDURE FOR DIVIDING ANY INTEREST COLLECTED ON THE LOAN; AND FOR RELATED PURPOSES.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the House of Representatives

Its course

February 14 to March 5, 2024, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action3 actions on 3 days

In the House of RepresentativesFeb 14 to Mar 5 · stopped20 days

Business and CommerceFeb 14 to Feb 2814 days

Appropriations AFeb 28 to Mar 5 · stopped6 days

Text

Each version as the Legislature printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislature published it is below.

In the House of Representatives Feb 14 – Mar 5

  1. Feb 14Referred to the House committees on Business and Commerce and on Appropriations A
  2. Feb 28Reported from BC to AP in the House: title sufficient, do pass
  3. Mar 5Died in committee in the House
All 3 actions, as published
  1. Feb 14Referred To Business and Commerce;Appropriations AHouse of Representatives
  2. Feb 28DR - TSDP: BC To APHouse of Representatives
  3. Mar 5Died In CommitteeHouse of Representatives