BILL · 2017–18 SESSION

SB 6085: Linked deposit program

Addressing the linked deposit program.

Summary

  • Increases the amount of funds available for the purpose of loans to veteran-owned businesses.
  • Adds prioritization criteria for awarding loans to qualified businesses.
  • Requires lines of credit with a zero balance for 12 or more months be removed from the program.

From the House Bill Report (SB 6085), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed Senate, stalled in House
  1. IntroducedJan 8, 2018
  2. Out of committeeJan 19, 2018
  3. Passed SenateFeb 7, 2018
  4. Passed Housestopped here
  5. Governor
  6. Law
Prime sponsor
Bob Hasegawa (D-11)
Introduced
January 8, 2018 in the Senate
Last action
March 8, 2018
Budget
Has a fiscal note

AN ACT Relating to the linked deposit program;

Sponsors

Prime sponsor: Bob Hasegawa (D-11)

3 co-sponsors (3 Democrats, 0 Republicans)

Votes

Senate · 3rd Reading & Final Passage

Passed February 7, 2018
Version voted on: SB 6085
48 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat26000
Republican22001
How each member voted

History

  1. By resolution, returned to Senate Rules Committee for third reading.
  2. Referred to Appropriations.
  3. BFS - Majority; do pass.
  4. First reading, referred to Business & Financial Services (Not Officially read and referred until adoption of Introduction report).
  5. Rules suspended. Placed on Third Reading.
  6. Third reading, passed; yeas, 48; nays, 0; absent, 0; excused, 1.
  7. Placed on second reading by Rules Committee.
  8. Passed to Rules Committee for second reading.
  9. Minority; without recommendation.
  10. FI - Majority; do pass.
  11. First reading, referred to Financial Institutions & Insurance.
  12. Prefiled for introduction.

SB 6085 in other sessions

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

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