2008 Senate Bill 1248

Give some companies below-market interest rate government loans

Introduced in the Senate

April 15, 2008

Introduced by Sen. Randy Richardville (R-17)

To provide below-interest government loans to certain businesses that have less than $25 million in gross receipts in the prior year, create or transfer at least 20 new jobs into the state, and make at least $1.25 million in capital investments in the prior year.

Referred to the Committee on Economic Development and Regulatory Reform