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HF2033Introduced in the House

Maximum amount of state contributions to cannabis microbusinesses amended, commissioner's deadline to approve loan applications amended, nonprofit corporations allowed to retain loan interest payments to cover expenses, loan interest rates required to be reported, and nonprofit corporations allowed to use contract funds to cover expenses.

IntroducedHouse Workforce, Labor, and Economic Development Finance and Policy

Introduced by Andrew Smith, District 025B

What does this bill do?

Plain-English breakdown

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Official description

Maximum amount of state contributions to cannabis microbusinesses amended, commissioner's deadline to approve loan applications amended, nonprofit corporations allowed to retain loan interest payments to cover expenses, loan interest rates required to be reported, and nonprofit corporations allowed to use contract funds to cover expenses.

Where it stands

Motion to recall and re-refer, motion prevailed Workforce, Labor, and Economic Development Finance and Policy

March 17, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

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Bill history

  1. Introduction and first reading, referred to Commerce Finance and Policy

  2. Motion to recall and re-refer, motion prevailed Workforce, Labor, and Economic Development Finance and Policy

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