HB 1301 (2011) -  Economic Development

General Bill by Nelson
Economic Development: Creates Business Loan Guarantee Program; requires OTTED to create business loan guarantee fund to provide loans to certain businesses; provides for use of certain funds for program; provides maximum terms & amounts of loan guarantees; provides procedures for approval of loan guarantee applications; requires application fees; provides procedures for payment of loan guarantees to cover investment losses; prohibits disbursement of moneys for investment losses under certain circumstances; provides for use of loan repayments, interest earnings, & application fees; authorizes partnerships with financial institutions; requires OTTED to establish guidelines & performance measures for program & criteria for evaluation of funding applications; requires OTTED to submit annual reports to Governor & Legislature; provides for future repeal of program; revises provisions for deposit of loan repayments from Economic Gardening Business Loan Pilot Program; provides for use of funds; repeals provisions relating to programs for development of microenterprises.
Effective Date: July 1, 2011
Last Event: Died in Transportation & Economic Development Appropriations Subcommittee on Saturday, May 7, 2011 2:07 AM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: SB 1862 Subject: Economic Development Relationship: Identical
Bill #: HB 7169 Subject: Microenterprises Relationship: Compare
Bill #: HB 7247 Subject: Government Reorganization/OTTED, DCA, & AWI Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Economic Development & Tourism Subcommittee 3/23/2011 9:31:43 AM
Chamber: House Committee: Economic Development & Tourism Subcommittee 3/19/2011 1:33:13 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Transportation & Economic Development Appropriations Subcommittee Time: 05/07/2011 - 2:07 AM Member: Committee: Transportation & Economic Development Appropriations Subcommittee Version: __
Event: H Indefinitely postponed and withdrawn from consideration Time: 05/07/2011 - 12:01 AM Member: Committee: Version: __
Event: H Now in Transportation & Economic Development Appropriations Subcommittee Time: 03/23/2011 - 11:41 AM Member: Committee: Transportation & Economic Development Appropriations Subcommittee Version: __
Event: H Reported out of Economic Development & Tourism Subcommittee Time: 03/23/2011 - 11:41 AM Member: Committee: Economic Development & Tourism Subcommittee Version: __
Event: H Favorable by Economic Development & Tourism Subcommittee Time: 03/22/2011 - 3:00 PM Member: Committee: Economic Development & Tourism Subcommittee Version: __
Event: H Added to Economic Development & Tourism Subcommittee agenda Time: 03/18/2011 - 4:04 PM Member: Committee: Economic Development & Tourism Subcommittee Version: __
Event: H Now in Economic Development & Tourism Subcommittee Time: 03/14/2011 - 11:28 AM Member: Committee: Economic Development & Tourism Subcommittee Version: __
Event: H Referred to Economic Affairs Committee Time: 03/14/2011 - 11:28 AM Member: Committee: Economic Affairs Committee Version: __
Event: H Referred to Transportation & Economic Development Appropriations Subcommittee Time: 03/14/2011 - 11:28 AM Member: Committee: Transportation & Economic Development Appropriations Subcommittee Version: __
Event: H Referred to Economic Development & Tourism Subcommittee Time: 03/14/2011 - 11:28 AM Member: Committee: Economic Development & Tourism Subcommittee Version: __
Event: H 1st Reading Time: 03/08/2011 - 10:24 PM Member: Committee: Version: __
Event: H Filed Time: 03/07/2011 - 8:15 AM Member: Nelson Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
288.1081 HB 775, SB 1184*, SB 1862, SB 2156, HB 7247
288.9618 CS/CS/SB 1346, SB 1862, SB 2156*, HB 7169, HB 7247
288.9619 SB 1862

(*) Not the latest version