2024 -- H 7551 | |
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LC004736 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2024 | |
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A N A C T | |
RELATING TO STATE AFFAIRS AND GOVERNMENT -- SMALL BUSINESS | |
ASSISTANCE PROGRAM | |
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Introduced By: Representatives Nardone, Rea, P. Morgan, and Quattrocchi | |
Date Introduced: February 07, 2024 | |
Referred To: House Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 42-64.25-14 of the General Laws in Chapter 42-64.25 entitled "Small |
2 | Business Assistance Program" is hereby repealed. |
3 | 42-64.25-14. Sunset. |
4 | No grants, funding, or incentives shall be authorized pursuant to this chapter after |
5 | December 31, 2024. |
6 | SECTION 2. This act shall take effect upon passage. |
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LC004736 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO STATE AFFAIRS AND GOVERNMENT -- SMALL BUSINESS | |
ASSISTANCE PROGRAM | |
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1 | This act would repeal the sunset for the small business assistance program and permanently |
2 | extend the program beyond the scheduled expiration date of December 31, 2024. |
3 | This act would take effect upon passage. |
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LC004736 | |
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