HB 807 (2016) -  Florida Microfinance Act

General Bill by Pritchett
Florida Microfinance Act: Revises Microfinance Loan Program & Microfinance Guarantee Program; revises legislative intent & conforms terminology; provides that EFI rather than DEO is responsible for entering into funding agreements with loan administrators; revises loan administrator qualifications & contracting requirements; authorizes microloan interest charges & fees; revises loan administrator fees; revises microloan eligibility; revises requirements for administrative contract between DEO & EFI; revises eligibility & terms for loan guarantees; authorizes surety bond guarantees; revises annual reporting requirements; revises timeline for report by EDR.
Effective Date: July 1, 2016
Last Event: Died in Economic Development & Tourism Subcommittee on Friday, March 11, 2016 6:45 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: SB 1592 Subject: Florida Microfinance Act Relationship: Identical

Bill Text

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Economic Development & Tourism Subcommittee Time: 03/11/2016 - 6:45 PM Member: Committee: Economic Development & Tourism Subcommittee Version: __
Event: H 1st Reading Time: 01/12/2016 - 8:37 PM Member: Committee: Version: __
Event: H Now in Economic Development & Tourism Subcommittee Time: 12/10/2015 - 1:52 PM Member: Committee: Economic Development & Tourism Subcommittee Version: __
Event: H Referred to Economic Affairs Committee Time: 12/10/2015 - 1:52 PM Member: Committee: Economic Affairs Committee Version: __
Event: H Referred to Transportation & Economic Development Appropriations Subcommittee Time: 12/10/2015 - 1:52 PM Member: Committee: Transportation & Economic Development Appropriations Subcommittee Version: __
Event: H Referred to Economic Development & Tourism Subcommittee Time: 12/10/2015 - 1:52 PM Member: Committee: Economic Development & Tourism Subcommittee Version: __
Event: H Filed Time: 11/30/2015 - 2:49 PM Member: Pritchett Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
288.9931 SB 398, HB 753, SB 1592
288.9932 SB 398, HB 753, SB 1592
288.9934 SB 1592
288.9935 SB 398, HB 753, SB 1592
288.9936 SB 1592
288.9937 CS/HB 1325, SB 1592