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House Bill 1542


 

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House Bill 1542

ARCHIVE (2003)

Latest Information

 
DIGEST OF INTRODUCED BILL

Regional economic growth revolving loan fund. Creates the regional economic growth revolving loan fund. Provides that certain entities that propose a project to create or retain jobs or otherwise affect the development of the state's economy within a geographic region are eligible for a loan from the fund. Provides that the development finance authority administers the fund. Specifies the terms and conditions of a loan. Requires the authority and the department of commerce to consider certain economic criteria before the bond bank issues a loan.
Current Status:
 In Committee - first House
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