05RS SB156

SB156

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SB 156 (BR 1301) - G. Tapp

     AN ACT relating to economic development for small business.
     Create new sections of subchapter 12 of KRS Chapter 154 to allow the Kentucky Economic Development Finance Authority (KEDFA) to develop a small business loan program and provide loans to small businesses engaged in manufacturing, agribusiness, or service and technology; allow KEDFA to establish terms and conditions less stringent than industry standards; require at least one new job per loan; amend KRS 154.12-216 and 154.12-223 to specify duties of Division of the Small Business, including providing technical resources to facilitate sales transactions between Kentucky businesses.

     Feb 8-introduced in Senate
     Feb 11-to Economic Development, Tourism & Labor (S)
     Feb 15-reported favorably, 1st reading, to Consent Calendar
     Feb 16-2nd reading, to Rules; posted for passage in the Consent Orders of the Day for Thursday, February 17, 2005
     Feb 17-3rd reading, passed 37-0
     Feb 18-received in House
     Feb 22-to Economic Development (H); posting waived
     Feb 23-reported favorably, 1st reading, to Calendar
     Feb 24-2nd reading, to Rules
     Feb 28-posted for passage in the Regular Orders of the Day for Tuesday, March 1, 2005
     Mar 8-3rd reading, passed 94-0; received in Senate; enrolled, signed by each presiding officer; delivered to Governor
     Mar 18-signed by Governor (Acts ch. 158)


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