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SB 0792 - Linked Deposit Program for Small Businesses - Lend Local Act of 2012
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Tracking Level: No Position
Sponsor: Senator Rob Garagiola, District 15
Last Action: 5/22/2012 - Approved by the Governor - - Chapter 585
Senate Committee: Senate Committee on Finance
House Committee: House Committee on Economic Matters
Assigned To:
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Staff Analysis of the Legislation


Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text
BILL INFO-2012 Regular Session-SB 792
2012 Regular Session

SENATE BILL 792

File Code: State Government - Procurement Prior Year Introduction As: SB 547/11 - FIN Crossfiled with: HOUSE BILL 571
Sponsored By:
Senators Garagiola, Glassman, Kelley, King, Kittleman, Klausmeier, Madaleno, Manno, Mathias, Muse, Pugh, Raskin, Robey, Young, Middleton, and Astle
Entitled:
Linked Deposit Program for Small Businesses - Lend Local Act of 2012

Synopsis:

Establishing a Linked Deposit Program for Small Businesses in the Department of Housing and Community Development for a specified purpose; providing that specified loans qualify under the Program; requiring the Department of Housing and Community Development to confirm with the Department of General Services that specified loans are made to specified businesses; requiring the Department of Housing and Community Development to establish procedures for a specified notification; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.
Senate Action
2/3
First Reading Finance
2/10
Hearing 2/21 at 1:00 p.m.
3/23

Favorable with Amendments Report by Finance
3/20
Favorable with Amendments {367771/1 Report Adopted
Second Reading Passed with Amendments
3/22
Third Reading Passed (46-0)
4/2
Senate Concur - House Amendment
Third Reading Passed (46-0)
Passed Enrolled
House Action
3/24
First Reading Economic Matters
4/5
Favorable with Amendments Report by Economic Matters
3/31
Favorable with Amendments {533094/1 Report Adopted
Second Reading Passed with Amendments
4/2
Third Reading Passed with Amendments (125-6)
Action after passage in Senate and House
5/22
Approved by the Governor
- Chapter 585

Sponsored by:

Senator Rob Garagiola, District 15
Senator John C. Astle, District 30
Senator Barry Glassman, District 35
Senator Delores G. Kelley, District 10
Senator Nancy J. King, District 39
Senator Allan H. Kittleman, District 9
Senator Katherine Klausmeier, District 8
Senator Richard S. Madaleno, Jr., District 18
Senator Roger P. Manno, District 19
Senator James N. Mathias, Jr., District 38
Senator Thomas M. Middleton, District 28
Senator C. Anthony Muse, District 26
Senator Catherine E. Pugh, District 40
Senator Jamie Raskin, District 20
Senator James N. Robey, District 13
Senator Ronald N. Young, District 3

Bill indexed under the following Subjects:

Banks and Trust Companies
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates.
Financial Institutions -see also- Banks; Credit Unions; etc.
General Services, Department of
Housing and Community Development, Department of
Interest
Investments -see also- Securities
Liability -see also- Good Samaritan
Loans -see also- Mortgages
Notices
Procurement
Reports
Rules and Regulations
Savings and Loan Associations
Small Business
Treasurers

Bill affects the following Statute:

State Finance and Procurement
( 6-212 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note: Available
Amendments:
Senate
Number: 367771/01     Offered on: March 23, 2012   at: 12:05 p.m.     Status: Adopted
House
Number: 533094/01     Offered on: April 5, 2012   at: 11:39 a.m.     Status: Adopted
Committee Votes :
Senate
Finance
House
Economic Matters
Roll Call Votes (Legislative dates are shown):
Senate
March 22, 2012: Third Reading Passed (46-0)
April 2, 2012: Third Reading Passed (46-0)
House
April 2, 2012: Third Reading Passed (125-6)