- Title
- Economic Development - Maryland Watermen's Microloan Program - Establishment
- Sponsored by
- Senators Klausmeier, Bailey, Carozza, Eckardt, Jackson, West, Hershey, Jennings, and Salling
- Status
- Approved by the Governor - Chapter 384
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Establishing the Maryland Watermen's Microloan Program in the Maryland Agricultural and Resource-Based Industry Development Corporation to provide loans to qualified commercial fishermen to continue commercial operations in the State; providing, beginning July 1, 2025, that generational watermen, beginner watermen, and seafood processing businesses are eligible to receive loans under the Program; and requiring that a loan made under the Program be at least $7,000 and not more than $15,000.
Committees
- Original:
- Finance Click to view Recorded Media
- Opposite:
- Environment and Transportation
- Ways and Means
Committee Testimony
Details
Cross-filed with: HB1242
Bill File Type: Regular
Effective Date(s): October 1, 2022
Bill imposes a mandated appropriation in the annual State Budget Bill
History
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File Code
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Statutes
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Last Updated: 5/19/2022 2:38 PM