Did not become law. It stopped in the Senate's Business and Financial Institutions Committee on March 5, 2024. The 2024 session has ended.
2024 Regular Session
Senate Bill 2525
Small business lending program; create.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO CREATE THE MISSISSIPPI SMALL BUSINESS ASSISTANCE PROGRAM AND FUND TO PROVIDE ADDITIONAL FINANCING FOR THE STARTUP OR EXPANSION OF SMALL BUSINESSES; TO DEFINE RELEVANT TERMS; TO AUTHORIZE WHAT EXPENSES LOAN FUNDS MAY BE USED TO COVER; TO PROVIDE THE LOAN ADMINISTRATOR WITH THE AUTHORITY TO DETERMINE THE ELIGIBILITY AND TERMS OF THE LOAN; TO PROVIDE LIMITATIONS REGARDING THE TERMS AND AMOUNT OF LOANS A SMALL BUSINESS MAY RECEIVE; TO PROVIDE TERMS OF REPAYMENT AND HOW INTEREST MUST BE DISTRIBUTED; TO PROVIDE A LIMIT TO THE CLOSING FEE THAT MAY BE CHARGED BY THE PROGRAM ADMINISTRATOR; 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 Senate
Sponsor
Its course
February 16 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 SenateFeb 16 to Mar 5 · stopped18 days
Business and Financial InstitutionsFeb 16 to Mar 5 · stopped18 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 Senate Feb 16 – Mar 5
- Feb 16Referred to the Senate committees on Business and Financial Institutions and on Appropriations
- Mar 5Died in committee in the Senate
All 2 actions, as published
- Feb 16Referred To Business and Financial Institutions;AppropriationsSenate
- Mar 5Died In CommitteeSenate