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HB2402    Pdf File  
Measure Title: RELATING TO ASSISTANCE FOR NEW BUSINESSES.
Report Title: New Businesses; DBEDT; Assistance; Loans; Fees; Unemployment Insurance Benefits
Description: Requires DBEDT to provide support services to new businesses. Establishes a separate general excise tax rate for a business's first five years of operation. Exempts a business from paying any fees related to licensing and registration within its first five years of operation. Allows individuals to continue to receive unemployment benefits while in the process of starting a business. Requires the state procurement office to advise government bodies to allocate at least five percent of funding to procure goods and services from new businesses in the State. Prohibits savings and loan associations from requiring a signed confession of judgment from a small business as a condition of receiving a loan.
Companion:  SB3232
Package: None
Current Referral: ECD/GVR, CPC, FIN
Introducer(s): WOODSON, BRANCO, ELI, GANADEN, GATES, HAR, HASHIMOTO, ICHIYAMA, ILAGAN, KONG, LOWEN, MCKELVEY, MIZUNO, MORIKAWA, NISHIMOTO, TODD, WARD, WILDBERGER, LoPresti, Tam
Act:

Sort by Date Status Text
2/2/2022HThis measure has been deleted from the meeting scheduled on Friday 02-04-22 10:00AM in conference room 312 Via Videoconference.
2/2/2022HRe-referred to ECD/GVR, CPC, FIN, referral sheet 6
2/2/2022HBill scheduled to be heard by ECD on Friday, 02-04-22 10:00AM in House conference room 312 Via Videoconference.
1/28/2022HReferred to ECD, GVR, CPC, referral sheet 3
1/26/2022HIntroduced and Pass First Reading.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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HB2402
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