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A09630 Summary:
| BILL NO | A09630A |
| SAME AS | SAME AS S06415-A |
| SPONSOR | Sweeney (MS) |
| COSPNSR | Tocci, Canestrari, Schimminger, Colman, Millman, Galef, Morelle |
| MLTSPNSR | Abbate, Aubry, Cohen A, Cook, Cymbrowitz, Davis, DelMonte, Destito, DiNapoli, Eddington,Espaillat, Higgins, Hooper, John, Kaufman, Lavelle, Levy, McEneny, Nolan, Ortiz, Perry, Robach,Sanders, Scarborough, 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. | |