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2007 Regular Session bill information current as of October 3, 2007 - 11:20 p.m.
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HOUSE BILL 989

CHAPTER NUMBER: 635
File Code: Economic and Community Development
Crossfiled with: SENATE BILL 318

Sponsored By:
Delegates Harrison, Branch, and Conway

Entitled:
Maryland Small Business Development Financing Authority - Financing Limitations

Synopsis:

Altering limitations on lending, guarantees, and equity participation financing by the Maryland Small Business Development Financing Authority in specified transactions; altering the maximum loan guarantee that the Authority may make using the Contract Financing Fund; altering the maximum loan guarantee that the Authority may make using the Guaranty Fund; altering the scope of contracts for which the Authority may act as a surety or guarantee under the Small Business Surety Bond Program; requiring specified reports; etc.

History by Legislative and Calendar Date Explain Legislative Date and Calendar Date

House Action
2/9
First Reading Economic Matters
2/14
Hearing 3/6 at 1:00 p.m.
3/20
Favorable Report by Economic Matters
3/17
Favorable Report Adopted
Second Reading Passed
3/18
Third Reading Passed (140-0)
3/30
House Concur - Senate Amendments
Third Reading Passed (139-0)
Passed Enrolled
Senate Action
3/21
First Reading Finance
3/22
Hearing 3/28 at 1:00 p.m.
3/30
Favorable with Amendments Report by Finance
3/28
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/29
Third Reading Passed with Amendments (47-0)
Action after passage in House and Senate
5/17
Approved by the Governor
- Chapter 635

Sponsored by:

Delegate Hattie N. Harrison, District 45
Delegate Talmadge Branch, District 45
Delegate Norman H. Conway, District 38B

Bill indexed under the following Subjects:

Administrative Agencies -see also- Electronic Government
Bonds -see also- County & Baltimore City Bonds; State Bonds.
Business and Economic Development, Department of
Contracts -see also- Land Installment Contracts; Procurement
Investments -see also- Securities
Loans -see also- Mortgages
Reports
Small Business

Bill affects the following Statutes:

Article - 83A Department of Business and Economic Development
( 5-1022 , 5-1024 , 5-1029 , 5-1035 , 5-1046 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled, Chapter

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments (Displayed in PDF Format):
Senate
Number: 877973/01     Offered on: March 30, 2007   at: 11:05 a.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):
House
March 18, 2007: Third Reading Passed (140-0)
March 30, 2007: Third Reading Passed (139-0)
Senate
March 29, 2007: Third Reading Passed (47-0)



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