2024 Regular Session

House Bill 509

Small Business Bridge Loan Program; create.

Did not become law. It stopped in the House of Representatives's Banking and Financial Services 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 SMALL BUSINESS BRIDGE LOAN PROGRAM IN THE MISSISSIPPI DEPARTMENT OF BANKING AND CONSUMER FINANCE TO PROVIDE SHORT TERM BRIDGE LOANS TO SMALL BUSINESS OWNERS FOR THE PURPOSE OF PROVIDING FINANCIAL ASSISTANCE UNTIL THE OWNERS ARE ABLE TO SECURE OTHER FINANCING; TO CREATE A SPECIAL FUND TO BE KNOWN AS THE SMALL BUSINESS BRIDGE LOAN PROGRAM REVOLVING LOAN FUND, WHICH SHALL BE ADMINISTERED BY THE DEPARTMENT, AND EXPENDED FOR THE SOLE PURPOSE OF PROVIDING LOANS TO SMALL BUSINESS OWNERS UNDER THE PROVISIONS OF THIS ACT; TO PROVIDE THAT THE DEPARTMENT SHALL DETERMINE THE TERMS AND CONDITIONS OF THE LOANS AND SPECIFY CERTAIN REQUIREMENTS AND CONDITIONS FOR THE LOANS; AND FOR RELATED PURPOSES.

Its course

January 23 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 action2 actions on 2 days

In the House of RepresentativesJan 23 to Mar 5 · stopped42 days

Banking and Financial ServicesJan 23 to Mar 5 · stopped42 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 Jan 23 – Mar 5

Jan 23Referred to the House committees on Banking and Financial Services and on Appropriations A
Mar 5Died in committee in the House

All 2 actions, as published

Jan 23Referred To Banking and Financial Services;Appropriations AHouse of Representatives
Mar 5Died In CommitteeHouse of Representatives