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NC H161

Bill

Official Source

Status

Introduced

2/25/2019

Primary Sponsor

Elmer Floyd

Click for details

Origin

House of Representatives

2019-2020 Session

AI Summary

  • Appropriates $2,500,000 in nonrecurring General Fund money to the Carolina Small Business Development Fund for the 2019-2020 fiscal year
  • Funds are designated for providing low-rate loans to historically underutilized businesses
  • Notwithstanding provision allows the appropriation despite G.S. 143C-5-2
  • Becomes effective upon passage into law

Legislative Description

Small Business Development Fund Appropriation

Last Action

Ref to the Com on Commerce, if favorable, Appropriations, General Government, if favorable, Appropriations, if favorable, Rules, Calendar, and Operations of the House

2/26/2019

Committee Referrals

Commerce2/26/2019

Full Bill Text

No bill text available