WA People
BILL · 1999–00 SESSION · LATEST VERSION SHB 2408

HB 2408: Minority/women's business

Modifying financial assistance laws for minority and women's business enterprises.

Summary

  • C Increases the amount available for the Linked Deposit Program from $50 million to $60 million.
  • C Imposes a maximum loan amount of $1 million to a certified minority or women = s business enterprise.
  • C Requires that the loan interest rate cannot exceed two percent (200 basis points) below the financial institution = s prime interest rate.
  • C Requires the Office of Minority and Women = s Business Enterprise compile information on minority and women = s business enterprises that have requested financial assistance through the Linked Deposit Program.
  • C Requires the Department of Community, Trade, and Economic Development to Development to develop indicators to measure the performance of the Link Deposit Program in meeting job creation/retention and access to capital needs.
  • HOUSE ECONOMIC DEVELOPMENT, HOUSING & TRADE COMMITTEE

From the House Bill Analysis (HB 2408), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 12, 2000
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Velma Veloria (D-11)
Introduced
January 12, 2000 in the House
Last action
January 27, 2000
Budget
Has a fiscal note
Versions
HB 2408, SHB 2408

Sponsors

Prime sponsor: Velma Veloria (D-11)

14 co-sponsors (13 Democrats, 1 Republican)

Jim Dunn R-17Pat Scott D-38Michael Stensen D-31Karen Keiser D-33Phyllis Gutierrez Kenney D-46John Lovick D-44Mike Cooper D-21Kathy Haigh D-35Patricia Lantz D-26Sharon Tomiko Santos D-37Debbie Regala D-27Carolyn Edmonds D-32Val Ogden D-49Jim McIntire D-46

Votes

No recorded floor votes. This measure never reached a floor vote.

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

HB 2408 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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