Bill
Bill > A131
NJ A131
Requires EDA administer small business loan program to provide loans to small businesses owned or controlled by certain veterans.
summary
Introduced
01/11/2022
01/11/2022
In Committee
01/11/2022
01/11/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Requires EDA administer small business loan program to provide loans to small businesses owned or controlled by certain veterans.
AI Summary
This bill requires the Economic Development Authority (EDA) to administer a small business loan program in a manner that provides at least 12 percent of all direct loans to eligible small businesses that are owned or controlled by one or more veterans, with priority given to businesses owned or controlled by veterans with service-connected disabilities. The bill also defines a veteran as any resident of New Jersey who has been honorably discharged or released from active service in any branch of the U.S. Armed Forces.
Committee Categories
Business and Industry
Sponsors (3)
Last Action
Introduced, Referred to Assembly Commerce and Economic Development Committee (on 01/11/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/A131 |
| BillText | https://pub.njleg.gov/Bills/2022/A0500/131_I1.HTM |
| Bill | https://pub.njleg.gov/Bills/2022/A0500/131_I1.PDF |
| BillText | https://www.njleg.state.nj.us/Bills/2022/A0500/131_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/A0500/131_I1.PDF |
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