Official summary
2008 General Session Summary for HB0153
Bill No.:
HB0153
Drafter:
MDO
LSO No.:
08LSO-0391
Effective Date:
7/1/2008
Enrolled Act No.:
<enrnum>
Chapter No.:
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Prime Sponsor:
Representative
Lockhart
Catch Title:
Economic
development account 2.
Subject:
Wyoming Partnership Challenge Loan Program appropriation.
Summary/Major Elements:
Provides a $2,000,000 general
fund appropriation to the Wyoming Partnership Challenge Loan Program, created
at W.S. 9-12-302(a) (the successor to the Amendment IV program).
The funds shall be loaned to
community development organizations and state development organizations in
accordance with the provisions of W.S. 9-12-304, including, but not limited to,
make loans to Wyoming businesses and investments in support of Wyoming
businesses, such as infrastructure construction loans and occupational training
loans, bridge loans and loans for economic disaster areas as specified by
statute.
Only the funds shall be
appropriated in any given fiscal year.
Popular name:
Amendment
IV funds
Comment:
Final action
on this bill was not taken at the time this summary was prepared. Should
changes be made to the bill upon final passage, an updated summary will be
transmitted to all legislators.