HB 1969 Small Business Jobs Grant Fund Program; reduces minimum percentage of revenues.
R. Steven Landes | all patrons    ...    notes
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Summary as passed House: (all summaries)

Small Business Jobs Grant Fund Program. Reduces from 50 percent to 35 percent the minimum percentage of revenues that a small business must derive from out-of-state sources in order to be eligible for grants from the Small Business Jobs Grant Fund Program. The bill reduces from $100,000 to $50,000 the minimum new capital investment that a company is required to make to be eligible for assistance under the Program. Finally, the bill changes the definition of small business for purposes of the Program from a company that has 250 or fewer employees to one that has 50 or fewer employees in its base year and average annual gross receipts of $3 million or less averaged over the previous 24-month period.

Full text:
01/10/17  House: Prefiled and ordered printed; offered 01/11/17 17100307D  pdf | impact statement
01/27/17  House: Printed as engrossed 17100307D-E  pdf | impact statement
02/20/17  House: Bill text as passed House and Senate (HB1969ER)  pdf | impact statement
03/03/17  Governor: Acts of Assembly Chapter text (CHAP0264)  pdf

Amendments:
House amendments

Status:
01/10/17  House: Prefiled and ordered printed; offered 01/11/17 17100307D
01/10/17  House: Referred to Committee on General Laws
01/16/17  House: Assigned GL sub: Subcommittee #4
01/19/17  House: Subcommittee recommends reporting with amendment (7-Y 0-N)
01/24/17  House: Reported from General Laws with amendment (22-Y 0-N)
01/26/17  House: Read first time
01/27/17  House: Read second time
01/27/17  House: Committee amendment agreed to
01/27/17  House: Engrossed by House as amended HB1969E
01/27/17  House: Printed as engrossed 17100307D-E
01/30/17  House: Read third time and passed House BLOCK VOTE (98-Y 0-N)
01/30/17  House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
01/31/17  Senate: Constitutional reading dispensed
01/31/17  Senate: Referred to Committee on General Laws and Technology
02/13/17  Senate: Reported from General Laws and Technology (15-Y 0-N)
02/15/17  Senate: Constitutional reading dispensed (40-Y 0-N)
02/16/17  Senate: Read third time
02/16/17  Senate: Passed Senate (39-Y 0-N)
02/16/17  Senate: Reconsideration of Senate passage agreed to by Senate (40-Y 0-N)
02/16/17  Senate: Passed Senate (40-Y 0-N)
02/20/17  House: Enrolled
02/20/17  House: Bill text as passed House and Senate (HB1969ER)
02/20/17  House: Signed by Speaker
02/21/17  Senate: Signed by President
02/21/17  House: Enrolled Bill communicated to Governor on 2/21/17
02/21/17  Governor: Governor's Action Deadline Midnight, March 27, 2017
03/03/17  Governor: Approved by Governor-Chapter 264 (effective 7/1/17)
03/03/17  Governor: Acts of Assembly Chapter text (CHAP0264)