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A01884 Summary:
| BILL NO | A01884 |
| SAME AS | SAME AS S01419 |
| SPONSOR | Sweeney (MS) |
| COSPNSR | Tocci, Canestrari, Schimminger, Millman, Galef, Morelle, Karben, Colton, Englebright |
| MLTSPNSR | Abbate, Aubertine, Aubry, Cohen A, Cook, Cymbrowitz, DelMonte, Destito, DiNapoli, Eddington,Espaillat, Grodenchik, Higgins, Hooper, John, Kaufman, Koon, Lavelle, Lifton, McEneny, McLaughlin,Nolan, Ortiz, Perry, Ramos, Sanders, Scarborough, Seddio, Sidikman, Smith, Weisenberg, Wright |
| Amd S3, add S9-f, UDC Act | |
| Creates a program authorizing loans by the Urban development Corporation (UDC) and to small and medium business that has suffered or is likely to suffer economic injury as a result of the absence of the owner, manager, or key employee who is or was an eligible reservist being ordered to active duty with the armed forces during a period of military conflict; loans not to exceed $150,000; interest not to exceed a rate of 5%; definitions and related provisions; does not call for the expenditure of state funds. | |