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A05449 Summary:

BILL NO    A05449 

SAME AS    No same as 

SPONSOR    Rivera P (MS)

COSPNSR    Towns, Alfano, Schroeder

MLTSPNSR   Aubry, Barra, Brennan, Cahill, Canestrari, Christensen, Clark,
           Englebright, Heastie, John, Koon, Magee, McEneny, Millman, Morelle,
           Pheffer, Pretlow, Rivera J

Amd SS213 & 219, St Fin L

Authorizes the comptroller and the commissioner of taxation and finance to make
linked deposits with lenders to a series of eligible businesses, so long as no
individual loan exceeds $50,000; authorizes excelsior linked deposit loans to
be made to a series of eligible businesses, with no individual load exceeding
$50,000, and such loans may be used for financing or refinancing a small
business in distressed communities.
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