2008 House Bill 5908

Authorize government “microenterprise business” subsidies

Introduced in the House

March 18, 2008

Introduced by Rep. Gary McDowell (D-107)

To authorize state government subsidies for "microenterprise businesses," defined as new or existing businesses with five or fewer employees, including startup and home-based businesses, and self-employed individuals. The subsidies could be loans or grants of up to $10,000. The bill would establish a state “Center on Microenterprise Development,” and a state “Microenterprise Development Advisory Board” appointed by the governor to determine which enterprises would be given the government subsidies, and which would not.

Referred to the Committee on Commerce