Plain English Breakdown
The bill does not provide specifics on how often these programs will be reviewed or if there are other similar exemptions.
OGSR/Administration of Small Business Loan Programs Held by an Economic Development Agency
This bill changes a rule to remove the scheduled end date for keeping certain information about small business loan programs private when managed by economic development agencies.
What This Bill Does
- Removes the scheduled repeal date for an exemption that allows economic development agencies to keep specific information about their small business loan programs confidential.
Who It Names or Affects
- Economic development agencies managing small business loan programs
- People who might want to see records of these loan programs
Terms To Know
- Open Government Sunset Review Act
- A law that reviews and decides whether certain rules should continue or end.
Limits and Unknowns
- The bill does not specify how often these programs will be reviewed.
- It is unclear if there are other similar exemptions for different types of loan programs.