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A09630 Summary:

BILL NOA09630A
 
SAME ASSAME AS S06415-A
 
SPONSORSweeney (MS)
 
COSPNSRTocci, Canestrari, Schimminger, Colman, Millman, Galef, Morelle
 
MLTSPNSRAbbate, 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.
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