HB600 Alabama 2012 Session

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Bill Summary

Sponsors

Barry Moore

Session

Regular Session 2012

Title

Public authorities, Small Business Financing Authority, created within the Department of Economic and Community Affairs, incentives to small business, enrollment of certain loans with authority

Description

This bill would create the Alabama Small Business Financing Authority within the Department of Economic and Community Affairs for the purpose of promoting the development of small businesses in the state. This bill would authorize the authority to work with participating banks and other lenders to provide small businesses that meet certain requirements additional access to capital. This bill would provide for the powers and duties of the authority

To create the Alabama Small Business Financing Authority; to provide for the board of the authority; to provide for the powers and duties of the authority; and to authorize the authority to enter into agreements with participating banks and other lenders to provide small businesses with additional access to capital under certain conditions.

Subjects

Economic Development

Bill Actions

Action Date	Chamber	Action
May 16, 2012		Motion to Read a Third Time and Pass adopted Roll Call 1580
May 16, 2012		Blackwell motion to Adopt adopted Roll Call 1579
May 16, 2012		Blackwell Amendment Offered
May 16, 2012		Blackwell motion to Miscellaneous adopted Voice Vote
May 16, 2012		Blackwell to reconsider B&I Amd adopted VV
May 16, 2012		Blackwell to table Blackwell Amd #1 Tabled VV
May 16, 2012		Third Reading Passed
May 8, 2012		Blackwell motion to Carry Over Temporarily adopted Voice Vote
May 8, 2012		Blackwell motion to Adopt adopted Roll Call 1175
May 8, 2012		Blackwell Amendment Offered
May 8, 2012		Blackwell motion to Adopt adopted Roll Call 1174
May 8, 2012		Banking and Insurance Amendment Offered
May 8, 2012		Pending third reading on day 26 Favorable from Banking and Insurance with 1 amendment
May 3, 2012		Read for the second time and placed on the calendar 1 amendment
April 26, 2012		Read for the first time and referred to the Senate committee on Banking and Insurance
April 26, 2012		Moore (B) intended to vote Yea
April 26, 2012		Engrossed
April 26, 2012		Motion to Read a Third Time and Pass adopted Roll Call 1009
April 26, 2012		Motion to Adopt adopted Roll Call 1008
April 26, 2012		Moore (B) Amendment Offered
April 26, 2012		Third Reading Passed
April 26, 2012		Moore (B) motion to Carry Over Temporarily adopted Voice Vote
April 26, 2012		Third Reading Carried Over
April 5, 2012		Read for the second time and placed on the calendar
March 22, 2012		Read for the first time and referred to the House of Representatives committee on Financial Services